§ 27-20-8 - Annual and quarterly statements. - Rhode Island Statutes

SECTION 27-20-8

   § 27-20-8  Annual and quarterly statements.– (a) Every nonprofit medical service corporation shall annually, on or beforethe first day of March in each year, file in the office of the commissioner ofinsurance a statement, verified by at least two (2) of the principal officersof the corporation, of its condition on the thirty-first day of December thennext preceding, which statement shall be in general form and context asapproved by the National Association of Insurance Commissioners and contain anymatters as the director of business regulation shall prescribe and shall beavailable for inspection by the public.

   (b) Every nonprofit medical service corporation shall alsofile quarterly statements with the insurance commissioner, due on or beforeforty-five (45) days after the quarter ending in accordance with the NationalAssociation of Insurance Commissioners' guidelines and procedures, and shall beavailable for inspection by the public.

   (c) The insurance commissioner shall also require compliancewith chapters 12 and 12.1 of this title.