reglab/housing_qa huggingface dataset:
RI Gen L § 27-14.3-49 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-49 - Unclaimed and withheld funds.

§ 27-14.3-49. Unclaimed and withheld funds.(a) All unclaimed funds subject to distribution in accordance with § 27-14.3-46 remaining in the liquidator's hands when he or she is ready to apply to the court for discharge, including the amount distributable to any creditor, shareholder, member, or other person who is unknown or cannot be found, shall be deposited with the general treasurer, and shall be paid without interest except in accordance with § 27-14.3-46 to the person entitled to the funds or his or her legal representative upon satisfactory proof to the general treasurer of his or her right to the funds. Any amount on deposit not claimed within one year from the discharge of the liquidator shall be deemed to have been abandoned and shall be escheated without formal escheat proceedings and be deposited with the general treasurer.(b) All funds withheld under § 27-14.3-41 and not distributed shall upon discharge of the liquidator be deposited with the general treasurer and paid by him or her in accordance with § 27-14.3-46. Any sums remaining which under § 27-14.3-46 would revert to the undistributed assets of the insurer shall be transferred to the general treasurer and become the property of the state under subsection (a) of this section, unless the commissioner, in his or her discretion, petitions the court to reopen the liquidation under § 27-14.3-51.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-50 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-50 - Termination of proceedings.

§ 27-14.3-50. Termination of proceedings.(a) When all assets justifying the expense of collection and distribution have been collected and distributed under this chapter, the liquidator shall apply to the court for discharge. The court may grant the discharge and make any other orders, including an order to transfer any remaining funds that are uneconomic to distribute, as may be deemed appropriate.(b) Any other person may apply to the court at any time for an order under subsection (a) of this section. If the application is denied, the applicant shall pay the costs and expenses of the liquidator in resisting the application, including a reasonable attorney's fee.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-51 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-51 - Reopening liquidation.

§ 27-14.3-51. Reopening liquidation.After the liquidation proceeding has been terminated and the liquidator discharged, the commissioner or other interested party may at any time petition the superior court for the county of Providence to reopen the proceedings for good cause, including the discovery of additional assets. If the court is satisfied that there is justification for reopening, it shall order this.History of Section.P.L. 1993, ch. 248, § 1; P.L. 2009, ch. 310, § 6.
RI Gen L § 27-14.3-52 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-52 - Disposition of records during and after termination of liquidation.

§ 27-14.3-52. Disposition of records during and after termination of liquidation.Whenever it shall appear to the commissioner that the records of any insurer in the process of liquidation or completely liquidated are no longer useful, he or she may recommend to the court and the court shall direct what records should be retained for future reference and what should be destroyed.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-53 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-53 - External audit of receiver's books.

§ 27-14.3-53. External audit of receiver's books.The superior court for the county of Providence may, as it deems desirable, cause audits to be made of the books of the commissioner relating to any receivership established under this chapter, and a report of each audit shall be filed with the commissioner and with the court. The books, records, and other documents of the receivership shall be made available to the auditor at any time without notice. The expense of each audit shall be considered a cost of administration of the receivership.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-54 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-54 - Conservation of property of foreign or alien insurers found in this state.

§ 27-14.3-54. Conservation of property of foreign or alien insurers found in this state.(a) If a domiciliary liquidator has not been appointed, the commissioner may apply to the superior court for the county of Providence by verified petition for an order directing him or her to act as conservator to conserve the property of an alien insurer not domiciled in this state or a foreign insurer on any one or more of the following grounds:(1) Any of the grounds in § 27-14.3-16;(2) That any of its property has been sequestered by official action in its domiciliary state, or in any other state;(3) That enough of its property has been sequestered in a foreign country to give reasonable cause to fear that the insurer is or may become insolvent; and/or(a) (4) (i) That its certificate of authority to do business in this state has been revoked or that none was ever issued, and(ii) That there are residents of this state with outstanding claims or outstanding policies.(b) When an order is sought under subsection (a) of this section the court shall cause the insurer to be given notice and time to respond to it as is reasonable under the circumstances.(c) The court may issue the order in whatever terms it shall deem appropriate. The filing or recording of the order with the clerk of superior court for the county of Providence or the recorder of deeds of the city or town in which the principal business of the company is located shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds would have imparted.(d) The conservator may at any time petition for, and the court may grant, an order under § 27-14.3-55 to liquidate the assets of a foreign or alien insurer under conservation, or, if appropriate, for an order under § 27-14.3-57, to be appointed ancillary receiver.(e) The conservator may at any time petition the court for an order terminating the conservation of an insurer. If the court finds that the conservation is no longer necessary, it shall order that the insurer be restored to possession of its property and the control of its business. The court may also make the finding and issue the order at any time upon the motion of any interested party, but if the motion is denied, all costs shall be assessed against the party.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-55 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-55 - Liquidation of property of foreign or alien insurers found in this state.

§ 27-14.3-55. Liquidation of property of foreign or alien insurers found in this state.(a) If no domiciliary receiver has been appointed, the commissioner may apply to the superior court for the county of Providence by verified petition for an order directing him or her to liquidate the assets found in this state of a foreign insurer or an alien insurer not domiciled in this state, on any of the following grounds:(1) Any of the grounds in § 27-14.3-16 or 27-14.3-21; or(2) Any of the grounds specified in § 27-14.3-54(a)(2) through (4).(b) When an order is sought under subsection (a) of this section, the court shall cause the insurer to be given notice and time to respond to it as is reasonable under the circumstances.(c) If it shall appear to the court that the best interests of creditors, policyholders, and the public require, the court may issue an order to liquidate in whatever terms it shall deem appropriate. The filing or recording of the order with the clerk of the superior court for the county of Providence, or the recorder of deeds of the city or town in which the principal business of the company is located or the city or town in which its principal office or place of business is located, shall impart the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds would have imparted.(d) If a domiciliary liquidator is appointed in a reciprocal state while a liquidation is proceeding under this section, the liquidator under this section shall after this act as ancillary receiver under § 27-14.3-57. If a domiciliary liquidator is appointed in a nonreciprocal state while a liquidation is proceeding under this section, the liquidator under this section may petition the court for permission to act as ancillary receiver under § 27-14.3-57.(e) On the same grounds as are specified in subsection (a) of this section, the commissioner may petition any appropriate federal district court to be appointed receiver to liquidate that portion of the insurer's assets and business over which the court will exercise jurisdiction, or any lesser of the assets and business that the commissioner deems desirable for the protection of the policyholders and creditors in this state.(f) The court may order the commissioner, when he or she has liquidated the assets of a foreign or alien insurer under this section, to pay the claims of residents of this state against the insurer under any rules as to the liquidation of insurers under this chapter as are compatible with the provisions of this section.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-56 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-56 - Domiciliary liquidators in other states.

§ 27-14.3-56. Domiciliary liquidators in other states.(a) The domiciliary liquidator of an insurer domiciled in a reciprocal state shall, except as to special deposits and security on secured claims under § 27-14.3-57(c), be vested by operation of law with the title to all of the assets, property, contracts, and rights of action, agents' or insurance producers' balances, and all of the books, accounts and other records of the insurer located in this state. The date of vesting shall be the date of the filing of the petition, if that date is specified by the domiciliary law for the vesting of property in the domiciliary state. The date of vesting shall be the date of entry of the order directing possession to be taken. The domiciliary liquidator shall have the immediate right to recover balances due from agents or insurance producers and to obtain possession of the books, accounts, and other records of the insurer located in this state. He or she also shall have the right to recover all of the other assets of the insurer located in this state, subject to § 27-14.3-57.(b) If a domiciliary liquidator is appointed for an insurer not domiciled in a reciprocal state, the commissioner of this state shall be vested by operation of law with the title to all of the property, contracts, and right of action, and all of the books, accounts, and other records of the insurer located in this state, at the same time that the domiciliary liquidator is vested with the title in the domicile. The commissioner of this state may petition for a conservation or liquidation order under § 27-14.3-54 or 27-14.3-55, or for an ancillary receivership under § 27-14.3-57, or after approval by the superior court for the county of Providence may transfer the title to the domiciliary liquidator, as the interests of justice and the equitable distribution of the assets require.(c) Claimants residing in this state may file claims with the liquidator or ancillary receiver, if any, in this state or with the domiciliary liquidator, if the domiciliary law permits. The claims must be filed on or before the last date fixed for the filing of claims in the domiciliary liquidation proceedings.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-57 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-57 - Ancillary formal proceedings.

§ 27-14.3-57. Ancillary formal proceedings.(a) If a domiciliary liquidator has been appointed for an insurer not domiciled in this state, the commissioner may file a petition with the superior court for the county of Providence requesting appointment as ancillary receiver in this state:(1) If he or she finds that there are sufficient assets of the insurer located in this state to justify the appointment of an ancillary receiver; and(2) If the protection of creditors or policyholders in this state requires this.(b) The court may issue an order appointing an ancillary receiver in whatever terms it shall deem appropriate. The filing or recording of the order with the recorders of deeds in this state imparts the same notice as a deed, bill of sale, or other evidence of title duly filed or recorded with that recorder of deeds.(c) When a domiciliary liquidator has been appointed in a reciprocal state, then the ancillary receiver appointed in this state may, whenever necessary, aid and assist the domiciliary liquidator in recovering assets of the insurer located in this state. The ancillary receiver shall, as soon as practicable, liquidate from their respective securities those special deposit claims and secured claims which are proved and allowed in the ancillary proceedings in this state, and shall pay the necessary expenses of the proceedings. He or she shall promptly transfer all remaining assets, books, accounts, and records to the domiciliary liquidator. Subject to this section, the ancillary receiver and his or her deputies shall have the same powers and be subject to the same duties with respect to the administration of assets as a liquidator of an insurer domiciled in this state.(d) When a domiciliary liquidator has been appointed in this state, ancillary receivers appointed in reciprocal states shall have, as to assets and books, accounts, and other records in their respective states, corresponding rights, duties, and powers to those provided in subsection (c) of this section for ancillary receivers appointed in this state.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-58 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-58 - Ancillary summary proceedings.

§ 27-14.3-58. Ancillary summary proceedings.The commissioner in his or her sole discretion may institute proceedings under § 27-14.3-10 at the request of the commissioner or other appropriate insurance official of the domiciliary state of any foreign or alien insurer having property located in this state.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-59 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-59 - Claims of nonresidents against insurers domiciled in this state.

§ 27-14.3-59. Claims of nonresidents against insurers domiciled in this state.(a) In a liquidation proceeding begun in this state against an insurer domiciled in this state, claimants residing in foreign countries or in states not reciprocal states must file claims in this state, and claimants residing in reciprocal states may file claims either with the ancillary receivers, if any, in their respective states, provided a claim filing procedure is established in the ancillary proceeding, or with the domiciliary liquidator. Claims must be filed on or before the last date fixed for the filing of claims in the domiciliary liquidation proceeding.(b) Claims belonging to claimants residing in reciprocal states may be proved either in the liquidation proceeding in this state as provided in this chapter, or in ancillary proceedings, if any, in the reciprocal states, provided a claim filing procedure is established in the ancillary proceeding. If notice of the claims and opportunity to appear and be heard is afforded the domiciliary liquidator of this state as provided in § 27-14.3-60(b) with respect to ancillary proceedings, the final allowance of claims by the courts in ancillary proceedings in reciprocal states shall be conclusive as to amount and as to priority against special deposits or other security located in the ancillary states, but shall not be conclusive with respect to priorities against general assets under § 27-14.3-46.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-60 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-60 - Claims of residents against insurers domiciled in reciprocal states.

§ 27-14.3-60. Claims of residents against insurers domiciled in reciprocal states.(a) Promptly after the appointment of the commissioner as ancillary receiver for an insurer not domiciled in this state, the commissioner shall determine whether there are claimants residing in this state who are not protected by guaranty funds, and if so, whether the protection of those claimants requires the establishing of a claim filing procedure in the ancillary proceeding. If a claim filing procedure is established, claimants against the insurer who reside within this state may file claims with either the ancillary receiver, if any, in this state, or with the domiciliary liquidator. Claims must be filed on or before the last dates fixed for the filing of claims in the domiciliary liquidation proceeding.(b) Claims belonging to claimants residing in this state may be proved either in the domiciliary state under the law of that state, or in ancillary proceedings, if any, in this state, provided a claim filing procedure is established in the ancillary proceeding. If a claimant elects to prove his or her claim in this state, he or she shall file his or her claim with the liquidator in the manner provided in §§ 27-14.3- 39 and 27-14.3-40. The ancillary receiver shall make his or her recommendation to the court as under § 27-14.3-47. He or she shall also arrange a date for a hearing if necessary under § 27-14.3-43 and shall give notice to the liquidator in the domiciliary state, either by certified mail or by personal service, at least forty (40) days prior to the date set for the hearing. If the domiciliary liquidator, within thirty (30) days after the giving of the notice, gives notice in writing to the ancillary receiver and to the claimant, either by certified mail or by personal service, of his or her intention to contest the claim, he or she shall be entitled to appear or to be represented in any proceeding in this state involving the adjudication of the claim.(c) The final allowance of the claim by the courts of this state shall be accepted as conclusive as to amount and as to priority against special deposits or other security located in this state.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-61 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-61 - Attachment, garnishment and levy of execution.

§ 27-14.3-61. Attachment, garnishment and levy of execution.During the pendency in this or any other state of liquidation proceeding, whether called by that name or not, no action or proceeding in the nature of an attachment, garnishment, or levy of execution shall be commenced or maintained in this state against the delinquent insurer or its assets.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-62 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-62 - Interstate priorities.

§ 27-14.3-62. Interstate priorities.(a) In a liquidation proceeding in this state involving one or more reciprocal states, the order of distribution of the domiciliary state shall control as to all claims of residents of this and reciprocal states. All claims of residents of reciprocal states shall be given equal priority of payment from general assets regardless of where those assets are located.(b) The owners of special deposit claims against an insurer for which a liquidator is appointed in this or any other state shall be given priority against the special deposits in accordance with the statutes governing the creation and maintenance of the deposits. If there is a deficiency in any deposit, so that the claims secured by it are not fully discharged from it, the claimants may share in the general assets, but the sharing shall be deferred until general creditors, and also claimants against other special deposits who have received smaller percentages from their respective special deposits, have been paid a percentage of their claims equal to the percentage paid from the special deposit.(c) The owner of a secured claim against an insurer for which a liquidator has been appointed in this or any other state may surrender his or her security and file his or her claim as a general creditor, or the claim may be discharged by resort to the security in accordance with § 27-14.3-45, in which case the deficiency, if any, shall be treated as a claim against the general assets of the insurer of the same basis as claims of unsecured creditors.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-63 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-63 - Subordination of claims for noncooperation.

§ 27-14.3-63. Subordination of claims for noncooperation.If an ancillary receiver in another state or foreign country, whether called by that name or not, fails to transfer to the domiciliary liquidator in this state any assets within his or her control other than special deposits, diminished only by the expenses of the ancillary receivership, if any, the claims filed in the ancillary receivership other than special deposit claims or secured claims shall be placed in the class of claims under § 27-14.3-46(a)(8).History of Section.P.L. 1993, ch. 248, § 1; P.L. 2008, ch. 475, § 80.
RI Gen L § 27-14.3-64 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-64 - Severability.

§ 27-14.3-64. Severability.If any provision of this chapter or the application of any provision to any person or circumstance is for any reason held to be invalid, the remainder of the chapter and the application of the provision to other persons or circumstances shall not be affected by that invalidity.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-65 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-65 - Rules and regulations.

§ 27-14.3-65. Rules and regulations.The commissioner is empowered to adopt reasonable rules and regulations for the implementation and administration of this chapter.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.4-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.4 - Uniform Insurers Liquidation Act|Section 27-14.4-1 - Short title.

§ 27-14.4-1. Short title.This chapter may be cited as the "Uniform Insurers Liquidation Act".History of Section.P.L. 1994, ch. 141, § 2.