§ 27-17-1 Admission of foreign exchangesand interinsurers. Any reciprocal exchange or interinsurer formed and doing business under thelaws of any state of the United States, other than the state of Rhode Island,for the purpose of transacting any or all of the kinds of insurance which aninsurance company may be authorized to transact in this state, other than lifeor title insurance, may be permitted to transact that business in this stateupon complying with the provisions of this chapter.