§ 27-59-3 - Approval of the commissioner. - Rhode Island Statutes

SECTION 27-59-3

   § 27-59-3  Approval of the commissioner.– The commissioner in determining whether to approve an alien insurance companymay consider:

   (1) Maintenance of an appropriate trust account, surplusaccount, or other financial mechanisms in this state;

   (2) Maintenance of all books and records of the United Statesoperations in this state;

   (3) Maintenance of a separate financial reporting system forits United States operations; and

   (4) Any other provisions deemed necessary by the insurancecommissioner.