CHAPTER 27-12.1
National Association of Insurance Commissioners (NAIC) Insurance Regulatory Information System Act

SECTION 27-12.1-5

§ 27-12.1-5. Revocation of certificate of authority.

The commissioner may suspend, revoke, or refuse to renew the certificate of authority of any insurer failing to file its annual or quarterly statement when due or within any extension of time which the commissioner, for good cause, may have granted. The commissioner may exempt diskette filings from domestic insurers that operate only in Rhode Island.

History of Section.
(P.L. 1991, ch. 257, § 2; P.L. 1994, ch. 404, § 14.)