reglab/housing_qa huggingface dataset:
RI Gen L § 27-25-17 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-17 - Beneficiaries.

§ 27-25-17. Beneficiaries.(a) The owner of a benefit contract shall have the right at all times to change the beneficiary or beneficiaries in accordance with the laws or rules of the society unless the owner waives this right by specifically requesting, in writing, that the beneficiary designation is irrevocable. A society may, through its laws or rules, limit the scope of beneficiary designations and shall provide that no revocable beneficiary shall have or obtain any vested interest in the proceeds of any certificate until the certificate has become due and payable in conformity with the provisions of the benefit contract.(b) A society may make provision for the payment of funeral benefits to the extent of the portion of any payment under a certificate as might reasonably appear to be due to any person equitably entitled to payment by reason of having incurred expense occasioned by the burial of the member, provided the portion so paid shall not exceed the sum of two thousand dollars ($2,000).(c) If, at the death of any person insured under a benefit contract, there is no lawful beneficiary to whom the proceeds shall be payable, the amount of the benefit, except to the extent that funeral benefits may be paid as provided in subsection (b) of this section, shall be payable to the personal representative of the deceased insured, provided that if the owner of the certificate is other than the insured, the proceeds shall be payable to the owner.History of Section.P.L. 1984, ch. 201, § 2; P.L. 1998, ch. 441, § 22.
RI Gen L § 27-25-18 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-18 - Benefits not attachable.

§ 27-25-18. Benefits not attachable.No money or other benefit, charity, relief, or aid to be paid, provided, or rendered by any society shall be liable to attachment, garnishment, or other process, or be seized, taken, appropriated, or applied by any legal or equitable process or operation of law to pay any debt or liability of a member or beneficiary, or any other person who may have a right under a debt or liability of a member or beneficiary, either before or after payment by the society.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-20 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-20 - Nonforfeiture benefits, cash surrender values, certificate loans, and other options.

§ 27-25-20. Nonforfeiture benefits, cash surrender values, certificate loans, and other options.(a) For certificates issued prior to January 1, 1986, the value of every paid up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall comply with the provisions of law applicable immediately prior to January 1, 1985.(b) For certificates issued on or after January 1, 1986 for which reserves are computed on the commissioner's 1941 standard ordinary mortality table, the commissioner's 1941 standard industrial table, or the commissioner's 1958 standard ordinary mortality table, or the commissioner's 1980 standard mortality table, or any more recent table made applicable to life insurers, every paid up nonforfeiture benefit and the amount of any cash surrender value, loan, or other option granted shall not be less than the corresponding amount ascertained in accordance with the laws of this state applicable to life insurers issuing policies containing life benefits based upon those tables.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-21 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-21 - Investments.

§ 27-25-21. Investments.A society shall invest its funds only in those investments authorized by the laws of this state for the investment of assets of life insurers and subject to the limitations on the investments. Any foreign or alien society permitted or seeking to do business in this state which invests its funds in accordance with the laws of the state, district, territory, country, or province in which it is incorporated, shall be held to meet the requirements of this section for the investment of funds.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-22 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-22 - Funds.

§ 27-25-22. Funds.(a) All assets shall be held, invested, and disbursed for the use and benefit of the society, and no member or beneficiary shall have or acquire individual rights in the assets or become entitled to any apportionment on the surrender of any part of them, except as provided in the benefit contract.(b) A society may create, maintain, invest, disburse, and apply any special fund or funds necessary to carry out any purpose permitted by the laws of the society.(c) A society may, pursuant to resolution of its supreme governing body, establish and operate one or more separate accounts and issue contracts on a variable basis, subject to the provisions of law regulating life insurers establishing those accounts and issuing those contracts. To the extent the society deems it necessary in order to comply with any applicable federal or state laws, or any rules issued under applicable federal or state laws, the society may:(1) Adopt special procedures for the conduct of the business and affairs of a separate account,(2) For persons having beneficial interests in a separate account, provide special voting and other rights, including without limitation special rights and procedures relating to investment policy, investment advisory services, selection of certified public accountants, and selection of a committee to manage the business and affairs of the account, and(3) Issue contracts on a variable basis to which § 27-25-19(b) and (d) shall not apply.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-23 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-23 - Exemptions.

§ 27-25-23. Exemptions.Except as provided in this chapter, societies shall be governed by this chapter and are exempt from all other insurance law provisions unless they are expressly designated therein, or unless it is specifically made applicable by this chapter.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-24 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-24 - Taxation.

§ 27-25-24. Taxation.Every society organized or licensed under this chapter is declared to be a charitable and benevolent institution, and all of its funds shall be exempt from all and every state, county, district, municipal, and school tax, other than taxes on real estate and office equipment.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-25 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-25 - Valuation.

§ 27-25-25. Valuation.(a) Standards of valuation for certificates issued prior to January 1, 1986, shall be those provided by the laws applicable immediately prior to January 1, 1985.(b) (1) The minimum standards of valuation for certificates issued on or after January 1, 1986 shall be based on the following tables:(i) For certificates of life insurance, the commissioner's 1941 standard ordinary mortality table, the commissioner's 1941 standard industrial mortality table, the commissioner's 1958 standard ordinary mortality table, the commissioner's 1980 standard ordinary mortality table, or any more recent table made applicable to life insurers; and(ii) For annuity and pure endowment certificates, for total and permanent disability benefits, for accidental death benefits and for non-cancelable accident and health benefits, these tables authorized for use by life insurers in this state;(2) All of the above shall be under valuation methods and standards, including interest assumptions, in accordance with the laws of this state applicable to life insurers issuing policies containing like benefits.(c) The commissioner of insurance may, in his or her discretion, accept other standards for valuation if the commissioner finds that the reserves produced will not be less in the aggregate than reserves computed in accordance with the minimum valuation standard prescribed in this section. The commissioner of insurance may, in his or her discretion, vary the standards of mortality applicable to all benefit contracts on substandard lives or other extra hazardous lives by any society authorized to do business in this state.(d) Any society, with the consent of the commissioner of insurance of the state of domicile of the society and under the conditions, if any, which the commissioner may impose, may establish and maintain reserves on its certificates in excess of the reserves required under those conditions, but the contractual rights of any benefit member shall not be affected by the reserves.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-26 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-26 - Reports.

§ 27-25-26. Reports.(a) Reports shall be filed in accordance with the provisions of this section.(b) Every society transacting business in this state shall annually, on or before the first day of March, unless for cause shown the time has been extended by the commissioner of insurance, file with the commissioner of insurance a true statement of its financial condition, transactions, and affairs for the preceding calendar year, and pay a fee of one hundred dollars ($100) for filing. The statement shall be in general form and context as approved by the national association of insurance commissioners for fraternal benefit societies and as supplemented by additional information required by the commissioner of insurance.(c) As part of the annual statement required in this section, each society shall, on or before the first day of March, file with the commissioner of insurance a valuation of its certificates in force on December thirty-first last preceding, provided the commissioner of insurance may, in his or her discretion for cause shown, extend the time for filing the valuation for not more than two (2) calendar months. The valuation shall be done in accordance with the standards specified in § 27-25-25. The valuation and underlying data shall be certified by a qualified actuary or, at the expense of the society, verified by the actuary of the department of insurance of the state of domicile of the society.(d) A society neglecting to file the annual statement in the form and within the time provided by this section shall forfeit one hundred dollars ($100) for each day during which the neglect continues, and, upon notice by the commissioner of insurance to that effect, its authority to do business in this state shall cease while the default continues.(e) A society may be required to file quarterly statements upon request by the insurance commissioner, in accordance with the National Association of Insurance Commissioners guidelines and procedures, due on or before forty-five (45) days after the quarter ending. Annual and quarterly statements shall be available for inspection by the public.(f) The insurance commissioner shall also require compliance with chapter 12.1 of this title.History of Section.P.L. 1984, ch. 201, § 2; P.L. 1987, ch. 252, § 1; P.L. 1993, ch. 138, art. 62, § 10; P.L. 1994, ch. 404, § 12.
RI Gen L § 27-25-27 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-27 - Annual license.

§ 27-25-27. Annual license.(a) The authority of all societies shall be continuous unless sooner revoked or suspended as provided in this chapter. For each license the society shall pay the commissioner of insurance one hundred dollars ($100). The society shall pay a license fee of one hundred dollars ($100) annually prior to April 30 of each year. A duly certified copy or duplicate of the license shall be prima facie evidence that the licensee is a fraternal benefit society within the meaning of this chapter.(b) The commissioner may assess a late fee of ten dollars ($10.00) per day for each day the society is late in remitting its annual license fee.History of Section.P.L. 1984, ch. 201, § 2; P.L. 1987, ch. 196, § 1; P.L. 1993, ch. 138, art. 62, § 10; P.L. 1994, ch. 134, § 15; P.L. 2002, ch. 292, § 58.
RI Gen L § 27-25-28 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-28 - Examination of societies - No adverse publication.

§ 27-25-28. Examination of societies — No adverse publication.(a) The commissioner of insurance, or any person he or she may appoint, may examine any domestic, foreign, or alien society transacting or applying for admission to transact business in this state in the same manner as authorized for examination of domestic, foreign, or alien insurers.(b) The expense of each examination and of each valuation, including compensation and the actual expense of examiners, shall be paid by the society examined or whose certificates are valued in accordance with the laws of this state governing the examination of life insurers.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-29 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-29 - Foreign or alien society - Admission.

§ 27-25-29. Foreign or alien society — Admission.No foreign or alien society shall transact business in this state without a license issued by the commissioner of insurance. A society desiring admission to this state shall comply substantially with the requirements and limitations of this chapter applicable to domestic societies. A society may be licensed to transact business in this state upon filing with the commissioner of insurance:(1) A duly certified copy of its articles of incorporation;(2) A copy of its bylaws, certified by its secretary or corresponding officer;(3) A power of attorney to the commissioner of insurance as prescribed in § 27-25-35;(4) A statement of its business under oath of its president and secretary or corresponding officers in a form prescribed by the commissioner of insurance, duly verified by an examination made by the supervising insurance official of its home state or other state, territory, province, or country, satisfactory to the commissioner of insurance of this state;(5) Certification from the proper official of its home state, territory, province, or country that the society is legally incorporated and licensed to transact business in its home state, territory, province, or country;(6) Copies of its certificate forms;(7) A showing that its assets are invested in accordance with the provisions of this chapter; and(8) Any other information that the commissioner of insurance may deem necessary.History of Section.P.L. 1984, ch. 201, § 2; P.L. 1998, ch. 441, § 22.
RI Gen L § 27-25-31 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-31 - Suspension, revocation, or refusal of license of foreign or alien society.

§ 27-25-31. Suspension, revocation, or refusal of license of foreign or alien society.(a) When the commissioner of insurance upon investigation finds that a foreign or alien society transacting or applying to transact business in this state: (1) has exceeded its powers; (2) has failed to comply with any of the provisions of this chapter; (3) is not fulfilling its contracts in good faith; or (4) is conducting its business fraudulently or in a manner hazardous to its members or creditors or the public; the commissioner shall notify the society of the deficiency or deficiencies and state in writing the reasons for his or her dissatisfaction. The commissioner shall at once issue a written notice to the society requiring that the existing deficiency or deficiencies be corrected. After the notice the society shall have a thirty (30) day period in which to comply with the commissioner's request for correction, and, if the society fails to comply, the commissioner shall notify the society of the findings of noncompliance and require the society to show cause on a named date why its license should not be suspended, revoked or refused. If on that date the society does not present good and sufficient reason why its authority to do business in this state should not be suspended, revoked, or refused, the commissioner may suspend or refuse the license of the society to do business in this state until satisfactory evidence is furnished to the commissioner that the suspension or refusal should be withdrawn or the commissioner may revoke the authority of the society to do business in this state.(b) Nothing contained in this section shall be taken or construed as preventing the society from continuing in good faith all contracts made in this state during the time the society was legally authorized to transact business in this state.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-32 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-32 - Injunction.

§ 27-25-32. Injunction.No application or petition for injunction against any domestic, foreign, or alien society, or lodge of a society, shall be recognized in any court of this state unless made by the attorney general upon the request of the commissioner of insurance.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-33 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-33 - Licensing of insurance producers.

§ 27-25-33. Licensing of insurance producers.(a) Insurance producers of societies shall be licensed in accordance with the provisions of the laws regulating the licensing, revocation, suspension, or termination of license of resident and nonresident insurance producers.(b) No examination or license shall be required of any regular salaried officer, employee, or member of a licensed society who devotes substantially all of his or her services to activities other than the solicitation of fraternal insurance contracts from the public, and who receives for the solicitation of the contracts no commission or other compensation directly dependent upon the amount of business obtained.(c) Any insurance producer, representative, or member of a society who devotes, or intends to devote, less than fifty percent (50%) of his or her time to the solicitation and procurement of insurance contracts for the society or who was in the service of a society on January 1, 1985, shall be exempt from the requirements of subsection (a) of this section. Any person who in the preceding calendar year has solicited and procured life insurance contracts on behalf of any society in an amount of insurance in excess of fifty thousand dollars ($50,000) or, in the case of any other kind or kinds of insurance which the society might write, on the persons of more than twenty-five (25) individuals and who has received or will receive a commission or other compensation for those contracts, shall be presumed to be devoting, or intending to devote, fifty percent (50%) of his or her time to the solicitation or procurement of insurance contracts for the society.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-34 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-34 - Unfair methods of competition and unfair and deceptive acts and practices.

§ 27-25-34. Unfair methods of competition and unfair and deceptive acts and practices.Every society authorized to do business in this state shall be subject to the laws and regulations of the commissioner of insurance prohibiting unfair trade practices, including laws and regulations concerning discrimination, rebating, and misrepresentation; provided, however, that nothing in the provisions shall be construed as applying to or affecting the right of any society to determine its eligibility requirements for membership, or be construed as applying to or affecting the offering of benefits exclusively to members or persons eligible for membership in the society by a subsidiary corporation or affiliated organization of the society.History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-35 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-35 - Service of process.

§ 27-25-35. Service of process.(a) Every society authorized to do business in this state shall appoint in writing the commissioner of insurance and each successor in office to be its true and lawful attorney upon whom all lawful process in any action or proceeding against it shall be served, and shall agree in the writing that any lawful process against it which is served on the attorney shall be of the same legal force and validity as if served upon the society, and that the authority shall continue in force so long as any liability remains outstanding in this state. Copies of the appointment, certified by the commissioner of insurance, shall be deemed sufficient evidence and shall be admitted in evidence with the same force and effect as the original might be admitted.(b) Service shall only be made upon the commissioner of insurance, or if absent, upon the person in charge of the commissioner's office. It shall be made in duplicate and shall constitute sufficient service upon the society. When legal process against a society is served upon the commissioner of insurance, the commissioner shall forward one of the duplicate copies by registered mail, prepaid, directed to the secretary or corresponding officer. No service shall require a society to file its answer, pleading, or defense in less than thirty (30) days from the date of mailing the copy of the service to a society. Legal process shall not be served upon a society except in the manner provided in this section. At the time of serving any process upon the commissioner of insurance, the plaintiff or complainant in the action shall pay to the commissioner of insurance a fee of five dollars ($5.00).History of Section.P.L. 1984, ch. 201, § 2.
RI Gen L § 27-25-36 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-25 - Rhode Island Fraternal Code|Section 27-25-36 - Review.

§ 27-25-36. Review.All decisions and findings of the commissioner of insurance made under the provisions of this chapter shall be subject to review by proper proceedings in any court of competent jurisdiction in this state.History of Section.P.L. 1984, ch. 201, § 2.