§ 27-10.1-2 - "Motor vehicle physical damage appraiser" defined. - Rhode Island Statutes

SECTION 27-10.1-2

   § 27-10.1-2  "Motor vehicle physical damageappraiser" defined. – (a) "Motor vehicle physical damage appraiser" means any person, partnership,association, or corporation that practices as a business the appraising ofdamages to motor vehicles insured under automobile physical damage policies onor on behalf of third party claimants.

   (b) A Rhode Island resident business entity acting as a motorvehicle physical damage appraiser may elect to obtain a motor vehicle physicaldamage appraiser license surplus line broker license. Application shall be madeusing the uniform business entity application. Prior to approving theapplication, the commissioner shall find both of the following:

   (1) The business entity has paid the appropriate fees.

   (2) The business entity has designated a licensed motorvehicle physical damage appraiser responsible for the business entity'scompliance with the insurance laws and rules of this state.