reglab/housing_qa huggingface dataset:
RI Gen L § 27-72-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-5 - Contract requirements.

§ 27-72-5. Contract requirements.(a) No person may use any form of life settlement contract in this state unless it has been filed with and approved, if required, by the commissioner in a manner that conforms with the filing procedures and any time restrictions or deeming provisions, if any, for life insurance forms, policies and contracts. The commissioner is authorized to contract with outside consultants to review life settlement forms and the total cost of that review shall be borne by, billed directly to, and paid by the provider filing the form(s).(b) No insurer may, as a condition of responding to a request for verification of coverage or in connection with the transfer of a policy pursuant to a life settlement contract, require that the owner, insured, provider or broker sign any form, disclosure, consent, waiver or acknowledgment that has not been expressly approved by the commissioner for use in connection with life settlement contracts in this state.(c) A person shall not use a life settlement contract form or provide to an owner a disclosure statement form in this state unless first filed with and approved by the commissioner. The commissioner shall disapprove a life settlement contract form or disclosure statement form if, in the commissioner's opinion, the contract or provisions contained therein fail to meet the requirements of this chapter or are unreasonable, contrary to the interests of the public, or otherwise misleading or unfair to the owner. At the commissioner's discretion, the commissioner may require the submission of advertising material. The commissioner is authorized to contract with outside consultants to review life settlement forms and/or advertising and the total cost of that review shall be borne by, billed directly to, and paid by the provider filing the form(s).History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-8 - Advertising.

§ 27-72-8. Advertising.(a) A broker, or provider licensed pursuant to this chapter may conduct or participate in advertisements within this state. Such advertisements shall comply with all Rhode Island advertising and marketing laws or rules and regulations promulgated by the commissioner that are applicable to life insurers or to brokers, and providers licensed pursuant to this chapter.(b) Advertisements shall be accurate, truthful and not misleading in fact or by implication.(c) No person or trust shall:(1) Directly or indirectly, market, advertise, solicit or otherwise promote the purchase of a policy for the sole purpose of or with an emphasis on settling the policy; or(2) Use the words "free," "no cost" or words of similar import in the marketing, advertising, soliciting or otherwise promoting of the purchase of a policy.(d) The commissioner is authorized to contract with outside consultants to review advertisements and the total cost of that review shall be borne by, billed directly to, and paid by the provider utilizing or proposing to utilize the advertisement.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-10 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-10 - Disclosure to insurer.

§ 27-72-10. Disclosure to insurer.(a) Without limiting the ability of an insurer from assessing the insurability of a policy applicant and determining whether or not to issue the policy, and in addition to other questions an insurance carrier may lawfully pose to a life insurance applicant, insurance carriers may inquire in the application for insurance whether the proposed owner intends to pay premiums with the assistance of financing from a lender that will use the policy as collateral to support the financing.(1) If, as described in this chapter, the loan provides funds which can be used for a purpose other than paying for the premiums, costs, and expenses associated with obtaining and maintaining the life insurance policy and loan, the application shall be rejected as a violation of the prohibited practices in § 27-72-13.(2) If the financing does not violate § 27-72-13, the insurance carrier:(i) May make disclosures, including but not limited to such as the following, to the applicant and the insured, either on the application or an amendment to the application to be completed no later than the delivery of the policy:"If you have entered into a loan arrangement where the policy is used as collateral, and the policy does change ownership at some point in the future in satisfaction of the loan, the following may be true:(A) A change of ownership could lead to a stranger owning an interest in the insured's life;(B) A change of ownership could in the future limit your ability to purchase future insurance on the insured's life because there is a limit to how much coverage insurers will issue on one life;(C) Should there be a change of ownership and you wish to obtain more insurance coverage on the insured's life in the future, the insured's higher issue age, a change in health status, and/or other factors may reduce the ability to obtain coverage and/or may result in significantly higher premiums;(D) You should consult a professional advisor, since a change in ownership in satisfaction of the loan may result in tax consequences to the owner, depending on the structure of the loan;" and(b) May require certifications, such as the following, from the applicant and/or the insured:(1) "I have not entered into any agreement or arrangement providing for the future sale of this life insurance policy";(2) "My loan arrangement for this policy provides funds sufficient to pay for some or all of the premiums, costs, and expenses associated with obtaining and maintaining my life insurance policy, but I have not entered into any agreement by which I am to receive consideration in exchange for procuring this policy"; and(3) "The borrower has an insurable interest in the insured."History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-12 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-12 - Authority to promulgate regulations - Conflict of laws.

§ 27-72-12. Authority to promulgate regulations — Conflict of laws.(a) The Commissioner may:(1) Promulgate regulations implementing this chapter and regulating the activities and relationships of providers, brokers, insurers and their agents, subject to statutory limitations on administrative rule making.(2) Provide by regulation that the commissioner is authorized and may in his or her discretion recover the reasonable cost of legal services incurred by the department in enforcement actions under this chapter either from the licensee against whom the action is taken or by way of an assessment of all providers licensed pursuant to § 27-72-3(a). The assessment formula shall be set by regulation based upon information provided in the prior years annual statement filed pursuant to § 27-72-3(l).(b) (1) Conflict of laws. If there is more than one owner on a single policy, and the owners are residents of different states, the life settlement contract shall be governed by the law of the state in which the owner having the largest percentage ownership resides or, if the owners hold equal ownership, the state of residence of one owner agreed upon in writing by all of the owners. The law of the state of the insured shall govern in the event that equal owners fail to agree in writing upon a state of residence for jurisdictional purposes.(2) A provider from this state who enters into a life settlement contract with an owner who is a resident of another state that has enacted statutes or adopted regulations governing life settlement contracts, shall be governed in the effectuation of that life settlement contract by the statutes and regulations of the owner's state of residence. If the state in which the owner is a resident has not enacted statutes or regulations governing life settlement contracts, the provider shall give the owner notice that neither state regulates the transaction upon which he or she is entering. For transactions in those states, however, the provider is to maintain all records required as if the transactions were executed in the state of residence. The forms used in those states need not be approved by the department.(3) If there is a conflict in the laws that apply to an owner and a purchaser in any individual transaction, the laws of the state that apply to the owner shall take precedence and the provider shall comply with those laws.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-15 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-15 - Injunctions - Civil remedies - Cease and desist.

§ 27-72-15. Injunctions — Civil remedies — Cease and desist.(a) In addition to the penalties and other enforcement provisions of this chapter, if any person violates this chapter or any rule implementing this chapter, the commissioner may seek an injunction in a court of competent jurisdiction in this state and may apply for temporary and permanent orders that the commissioner determines necessary to restrain the person from further committing the violation.(b) Any person damaged by the acts of another person in violation of this chapter or any rule or regulation implementing this chapter, may bring a civil action for damages against the person committing the violation in a court of competent jurisdiction.(c) The commissioner may issue a cease and desist order upon a person who violates any provision of this part, any rule or order adopted by the commissioner, or any written agreement entered into with the commissioner, in accordance with the chapter governing administrative procedures, § 42-35-1 et seq.(d) When the commissioner finds that such an action presents an immediate danger to the public and requires an immediate final order, he may issue an emergency cease and desist order reciting with particularity the facts underlying such findings. The emergency cease and desist order is effective immediately upon service of a copy of the order on the respondent and remains effective for ninety (90) days. If the department begins non-emergency cease and desist proceedings under subsection (a), the emergency cease and desist order remains effective, absent an order by a court of competent jurisdiction pursuant to § 42-35-1 et seq. In the event of a willful violation of this chapter, the superior court may award statutory damages in addition to actual damages in an additional amount up to three (3) times the actual damage award. The provisions of this chapter may not be waived by agreement. No choice of law provision may be utilized to prevent the application of this chapter to any settlement in which a party to the settlement is a resident of this state.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-16 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-16 - Penalties.

§ 27-72-16. Penalties.(a) It is a violation of this chapter for any person, provider, broker, or any other party related to the business of life settlements, to commit a fraudulent life settlement act.(b) For criminal liability purposes, a person that commits a fraudulent life settlement act is guilty of committing insurance fraud and shall be subject to additional penalties under § 27-54-1 et seq.(c) The commissioner shall be empowered to levy a civil penalty not exceeding one thousand dollars ($1,000) and the amount of the claim for each violation upon any person, including those persons and their employees licensed pursuant to this chapter, who is found to have committed a fraudulent life settlement act or violated any other provision of this chapter.(d) The license of a person licensed under this chapter that commits a fraudulent life settlement act shall be revoked.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-17 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-17 - Unfair trade practices.

§ 27-72-17. Unfair trade practices.A violation of this chapter shall be considered an unfair trade practice pursuant to state law and subject to the penalties provided by state law.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-72-18 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-72 - Life Settlements Act|Section 27-72-18 - Effective date.

§ 27-72-18. Effective date.(a) A provider lawfully transacting business in this state prior to the effective date of this act may continue to do so pending approval or disapproval of that person's application for a license as long as the application is filed with the commissioner not later than thirty (30) days after publication by the commissioner of an application form and instructions for licensure of providers. If the publication of the application form and instructions is prior to the effective date of this act, then the filing of the application shall not be later than thirty (30) days after the effective date of this act. During the time that such an application is pending with the commissioner, the applicant may use any form of life settlement contract that has been filed with the commissioner pending approval thereof, provided that such form is otherwise in compliance with the provisions of this chapter. Any person transacting business in this state under this provision shall be obligated to comply with all other requirements of this chapter.(b) A person who has lawfully negotiated life settlement contracts between any owner residing in this state and one or more providers for at least one year immediately prior to the effective date of this act may continue to do so pending approval or disapproval of that person's application for a license as long as the application is filed with the commissioner not later than thirty (30) days after publication by the commissioner of an application form and instructions for licensure of brokers. If the publication of the application form and instructions is prior to the effective date of this chapter, then the filing of the application shall not be later than thirty (30) days after the effective date of this act. Any person transacting business in this state under this provision shall be obligated to comply with all other requirements of this chapter.History of Section.P.L. 2009, ch. 195, § 1; P.L. 2009, ch. 262, § 1.
RI Gen L § 27-73-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-73 - Rhode Island Public School Employee Uniform Benefit Act|Section 27-73-1 - Title and purpose.

§ 27-73-1. Title and purpose.(a) This chapter shall be known and may be cited as the "Rhode Island Public School Employee Uniform Benefit Act."(b) The purpose of this chapter is to create uniform medical and prescription drug benefit plan designs for Rhode Island school district and charter school employees.History of Section.P.L. 2009, ch. 374, § 3; P.L. 2009, ch. 383, § 3.
RI Gen L § 27-73-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-73 - Rhode Island Public School Employee Uniform Benefit Act|Section 27-73-2 - Program implementation.

§ 27-73-2. Program implementation.(a) Upon recommendation of the uniform healthcare benefit plan designs or at such other time as specified herein or as specified in §§ 28-9.3-2 and 28-9.4-3, all public school districts and charter schools may implement one or more benefit plan design(s) including, but not limited to, those recommended in accordance with this chapter.(b) Upon expiration of collective bargaining agreements, recommended benefit plan designs recommended by the board in accordance with this chapter may be specified in future collective bargaining agreements.(c) Choice of benefit plan designs from those recommended in accordance with § 27-73-4, medical insurance cost-sharing, payment for waiving medical insurance, eligibility for receiving benefits, and providing benefits for retirees shall continue to be negotiated pursuant to §§ 28-9-3 and 28-9-4.(d) Each municipality, district or charter school, may, at its discretion, contract for and manage benefit plans under this chapter, either directly or indirectly, through municipal, district or charter arrangements with insurance purchasing collaboratives or joint purchasing groups.History of Section.P.L. 2009, ch. 374, § 3; P.L. 2009, ch. 383, § 3; P.L. 2011, ch. 124, § 1; P.L. 2011, ch. 133, § 1.
RI Gen L § 27-73-3 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-73 - Rhode Island Public School Employee Uniform Benefit Act|Section 27-73-3 - Board of directors established.

§ 27-73-3. Board of directors established.(a) There is established the board of directors of the Rhode Island uniform public school employees' health-care benefits program ("board").(b) The board shall consist of twelve (12) members, as follows:(1) Two (2) members shall be appointed by the president of the Rhode Island Federation of Teachers and Health Professionals and may be active or retired teachers or officials from the union;(2) Two (2) members shall be appointed by the president of the National Education Association of Rhode Island, and may be active or retired teachers or officials from the union;(3) One member shall be appointed by the president of RI Council 94 of the American Federation of State, County and Municipal Employees;(4) One member shall be appointed by the president of the Laborers International Union of North America;(5) Two (2) members shall be appointed by the president of the Rhode Island Association of School Committees;(6) Two (2) members shall be appointed by the Rhode Island School Superintendents' Association;(7) Two (2) members shall be appointed by the president of the Rhode Island Association of School Business Managers; and(c) Each appointing authority may remove or replace any member appointed by that appointing authority at any time.(d) Members of the board shall serve without compensation.(e) The board shall be initially convened by the Rhode Island department of education on or before September 15, 2009.(f) A technical advisory committee to the board shall be created concurrently with the board. The advisory committee shall receive adequate notice to be in attendance and to provide a report at each of the board meetings. The advisory committee shall be composed of one representative of each of the following: the department of elementary and secondary education, the department of administration, the League of Charter Schools and each of the municipal insurance purchasing collaboratives. The department of administration representative shall serve as chair and convener of the advisory committee.History of Section.P.L. 2009, ch. 374, § 3; P.L. 2009, ch. 383, § 3.
RI Gen L § 27-73-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-73 - Rhode Island Public School Employee Uniform Benefit Act|Section 27-73-4 - Powers, duties, and functions of the board.

§ 27-73-4. Powers, duties, and functions of the board.(a) The board shall have the following powers, duties and functions relative to active full-time certified employees pursuant to § 28-9.3-2, and active full-time school district employees pursuant to § 28-9.4-3:(1) To design and recommend, with input and recommendations from the technical advisory committee, medical benefits plan designs and prescription drug coverage plan designs in accordance with the following:(i) To design at least six (6) uniform benefit plan designs for all Rhode Island public school employees.(ii) Benefit plan designs shall include at least one managed care option, at least four (4) preferred provider organization (PPO) options, and at least one health savings account (HSA) compatible high deductible health plan (HDHP) option.(iii) The actuarial value of any of the approved benefit plan designs may not be greater than the actuarial value of the state employee health plan in effect as of the date the plan designs are approved.(iv) The PPO options shall reflect four (4) different levels of plan design, with a minimum actuarial difference between each of the plan designs of seven and one-half percent (7.5%).(v) The actuarial value of the lowest board-recommended benefit plan design shall not be greater than the actuarial value of the public school employee benefit plan design with the lowest actuarial value in effect in the state on January 1, 2011.(b) To monitor the implementation of the uniform benefit plan designs and to recommend modifications to such benefit plan designs as appropriate.(c) To report to the governor and general assembly on or before January 1, 2012, with recommendations on the means, feasibility and benefits of developing a statewide health benefit purchasing arrangement for public school employees.History of Section.P.L. 2009, ch. 374, § 3; P.L. 2009, ch. 383, § 3; P.L. 2010, ch. 301, § 1; P.L. 2011, ch. 124, § 1; P.L. 2011, ch. 133, § 1.
RI Gen L § 27-73-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-73 - Rhode Island Public School Employee Uniform Benefit Act|Section 27-73-5 - Officers, quorum, meetings.

§ 27-73-5. Officers, quorum, meetings.(a) The board shall elect from its own membership such officers as it sees fit;(b) Seven (7) members of the board in office shall constitute a quorum;(c) Decisions of the board shall be made by a majority vote of the members present;(d) Meetings may be called by the chair, or at the written request of four (4) members;(e) The board shall hold regular meetings at least once every month, and those meetings shall be open to the public in accordance with chapter 46 of title 42 ("Open Meetings").History of Section.P.L. 2009, ch. 374, § 3; P.L. 2009, ch. 383, § 3.
RI Gen L § 27-74-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-74 - Discount Medical Plan Organization Act|Section 27-74-1 - Short title.

§ 27-74-1. Short title.This chapter shall be known as the "Discount Medical Plan Organization Act."History of Section.P.L. 2010, ch. 156, § 1; P.L. 2010, ch. 158, § 1.
RI Gen L § 27-74-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-74 - Discount Medical Plan Organization Act|Section 27-74-2 - Purpose.

§ 27-74-2. Purpose.The purpose of this chapter is to promote the public interest by establishing standards for discount medical plan organizations, protect consumers from unfair or deceptive marketing, sales or enrollment practices, and facilitate consumer understanding of the role and function of discount medical plan organizations in providing access to medical or ancillary services.History of Section.P.L. 2010, ch. 156, § 1; P.L. 2010, ch. 158, § 1.
RI Gen L § 27-74-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-74 - Discount Medical Plan Organization Act|Section 27-74-4 - Applicability and scope.

§ 27-74-4. Applicability and scope.(a) This chapter applies to all discount medical plan organizations doing business in or from this state.(b) A discount medical plan organization that is a licensed health insurer or health maintenance organization or a nonprofit hospital and medical service corporation is not required to obtain a certificate of registration under § 27-74-5, except that any of its affiliates that operate as a discount medical plan organization in this state shall obtain a certificate of registration under § 27-74-5 and comply with all other provisions of this act; but such health insurer, health maintenance organization or nonprofit hospital and medical service corporation is required to comply with §§ 27-74-8, 27-74-9, 27-74-10, and 27-74-11 and report, in the form and manner as the commissioner may require, any of the information described in § 27-74-13 that is not otherwise already reported.History of Section.P.L. 2010, ch. 156, § 1; P.L. 2010, ch. 158, § 1; P.L. 2021, ch. 395, § 7, effective July 14, 2021.