reglab/housing_qa huggingface dataset:
RI Gen L § 27-14.1-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-5 - Prohibited acts during period of supervision.

§ 27-14.1-5. Prohibited acts during period of supervision.During the period of supervision, the commissioner or his or her designated appointee shall serve as the administrative supervisor. The commissioner may provide that the insurer may not do any of the following acts during the period of supervision without the prior approval of the commissioner or his or her appointed supervisor:(1) Dispose of, convey, or encumber any of its assets or its business in force;(2) Withdraw any of its bank accounts;(3) Lend any of its funds;(4) Invest any of its funds;(5) Transfer any of its property;(6) Incur any debt, obligation or liability;(7) Merge or consolidate with another company;(8) Approve new premiums or renew any policies;(9) Enter into any new reinsurance contract or treaty;(10) Terminate, surrender, forfeit, convert, or lapse any insurance policy, certificate, or contract, except for nonpayment of premiums due;(11) Release, pay, or refund premium deposits, accrued cash or loan values, unearned premiums, or other reserves on any insurance policy, certificate, or contract;(12) Make any material change in management; or(13) Increase salaries and benefits of officers or directors or the preferential payment of bonuses, dividends, or other payments deemed preferential.History of Section.P.L. 1991, ch. 348, § 1.
RI Gen L § 27-14.1-6 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-6 - Review and stay of action.

§ 27-14.1-6. Review and stay of action.During the period of supervision the insurer may contest an action taken or proposed to be taken by the supervisor specifying the manner in which the action being complained of would not result in improving the condition of the insurer. Denial of the insurer's request upon reconsideration entitles the insurer to request a proceeding under the Administrative Procedures Act, chapter 35 of title 42.History of Section.P.L. 1991, ch. 348, § 1; P.L. 2011, ch. 157, § 1; P.L. 2011, ch. 275, § 1.
RI Gen L § 27-14.1-7 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-7 - Administrative election of proceedings.

§ 27-14.1-7. Administrative election of proceedings.Nothing contained in this chapter shall preclude the commissioner from initiating judicial proceedings to place an insurer in conservation, rehabilitation, or liquidation proceedings or other delinquency proceedings, however designated under the laws of this state, regardless of whether the commissioner has previously initiated administrative supervision proceedings under this chapter against the insurer.History of Section.P.L. 1991, ch. 348, § 1.
RI Gen L § 27-14.1-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-8 - Rules.

§ 27-14.1-8. Rules.The commissioner is empowered to adopt reasonable rules necessary for the implementation of this chapter.History of Section.P.L. 1991, ch. 348, § 1.
RI Gen L § 27-14.1-9 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-9 - Other laws - Conflicts - Meetings between the commissioner and the supervisor.

§ 27-14.1-9. Other laws — Conflicts — Meetings between the commissioner and the supervisor.Notwithstanding any other provision of law, the commissioner may meet with a supervisor appointed under this chapter and with the attorney or other representative of the supervisor, without the presence of any other person, at the time of any proceeding or during the pendency of any proceeding held under the authority of this chapter to carry out the commissioner's duties under this chapter or for the supervisor to carry out his or her duties under this chapter.History of Section.P.L. 1991, ch. 348, § 1.
RI Gen L § 27-14.1-10 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.1 - Administrative Supervision|Section 27-14.1-10 - Immunity.

§ 27-14.1-10. Immunity.There shall be no liability on the part of, and no cause or action of any nature shall arise against, the insurance commissioner or the department of business regulation or its employees or agents for any action taken by them in the performance of their powers and duties under this chapter.History of Section.P.L. 1991, ch. 348, § 1.
RI Gen L § 27-14.2-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.2 - Standards and Director's Authority for Companies Deemed to be in Hazardous Financial Condition|Section 27-14.2-1 - Purpose.

§ 27-14.2-1. Purpose.(a) The purpose of this chapter is to set forth the standards which the director of the department of business regulation may use for identifying insurers found to be in a condition as to render the continuance of their business hazardous to the public or to holders of their policies or certificates of insurance.(b) This chapter shall not be interpreted to limit the powers granted to the director by any laws or parts of laws of this state.History of Section.P.L. 1992, ch. 445, § 1.
RI Gen L § 27-14.2-4 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.2 - Standards and Director's Authority for Companies Deemed to be in Hazardous Financial Condition|Section 27-14.2-4 - Judicial review.

§ 27-14.2-4. Judicial review.Any order or decision of the director shall be subject to review in accordance with the Administrative Procedures Act, chapter 35 of title 42, at the instance of any party to the proceedings whose interests are substantially affected.History of Section.P.L. 1992, ch. 445, § 1.
RI Gen L § 27-14.3-1 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-1 - Short title - Construction - Purpose.

§ 27-14.3-1. Short title — Construction — Purpose.(a) This chapter shall be cited as the "Insurers' Rehabilitation and Liquidation Act."(b) This chapter shall not be interpreted to limit the powers granted the commissioner by other provisions of the law.(c) This chapter shall be liberally construed to effect the purpose stated in subsection (d) of this section.(d) The purpose of this chapter is the protection of the interests of insured, claimants, creditors, and the public generally with minimum interference with the normal prerogatives of the owners and managers of insurers, through:(1) Early detection of any potentially dangerous condition in an insurer, and prompt application of appropriate corrective measures;(2) Improved methods for rehabilitating insurers, involving the cooperation and management expertise of the insurance industry;(3) Enhanced efficiency and economy of liquidation, through clarification of the law, to minimize legal uncertainty and litigation;(4) Equitable apportionment of any unavoidable loss;(5) Lessening the problems of interstate rehabilitation and liquidation by facilitating cooperation between states in the liquidation process, and by extending the scope of personal jurisdiction over debtors of the insurer outside of this state;(6) Regulation of the insurance business by the impact of the law relating to delinquency procedures and substantive rules on the entire insurance business; and(7) Providing for a comprehensive scheme for the rehabilitation and liquidation of insurance companies and those subject to this chapter as part of the regulation of the business of insurance, insurance industry, and insurers in this state. Proceedings in cases of insurer insolvency and delinquency are deemed an integral aspect of the business of insurance and are of vital public interest and concern.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-2 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-2 - Applicability.

§ 27-14.3-2. Applicability.The proceedings authorized by this chapter may be applied to:(1) All insurers who are doing, or have done, an insurance business in this state, including a protected cell company organized under the Protected Cell Companies Act, chapter 64 of this title, and any of its protected cells established pursuant to that chapter, to the extent not inconsistent with the provisions of that chapter, and against whom claims arising from that business may exist now or in the future;(2) All insurers who purport to do an insurance business in this state, including a protected cell company organized under the Protected Cell Companies Act, chapter 64 of this title, and any of its protected cells established pursuant to that chapter, to the extent not inconsistent with the provisions of that chapter;(3) All insurers who have insured resident in this state;(4) All other persons organized or in the process of organizing with the intent to do an insurance business in this state, including a protected cell company organized under the Protected Cell Companies Act, chapter 64 of this title, and any of its protected cells established pursuant to that chapter, to the extent not inconsistent with the provisions of that chapter;(5) All nonprofit service plans and all fraternal benefit societies and beneficial societies;(6) All title insurance companies;(7) All prepaid health care delivery plans; and(8) All nonprofit health service corporations, nonprofit hospital service corporations, nonprofit medical service corporations, nonprofit dental service corporations, nonprofit optometric service corporations, nonprofit legal service corporations, health maintenance organizations, and risk retention groups pursuant to chapters 19, 20, 20.1, 20.2, 20.3, 41, and 46 of this title.History of Section.P.L. 1993, ch. 248, § 1; P.L. 1999, ch. 22, § 5.
RI Gen L § 27-14.3-5 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-5 - Injunctions and orders.

§ 27-14.3-5. Injunctions and orders.(a) Any receiver appointed in a proceeding under this chapter may at any time apply for, and any court of general jurisdiction may grant, restraining orders, preliminary and permanent injunctions, and other orders as may be deemed necessary and proper to prevent:(1) The transaction of further business;(2) The transfer of property;(3) Interference with the receiver or with a proceeding under this chapter;(4) Waste of the insurer's assets;(5) Dissipation and transfer of bank accounts;(6) The institution or further prosecution of any actions or proceedings;(7) The obtaining of preferences, judgments, attachments, garnishments, or liens against the insurer, its assets, or its policyholders;(8) The levying of execution against the insurer, its assets, or its policyholders;(9) The making of any sale or deed for nonpayment of taxes or assessments that would lessen the value of the assets of the insurer;(10) The withholding from the receiver of books, accounts, documents, or other records relating to the business of the insurer; or(11) Any other threatened or contemplated action that might lessen the value of the insurer's assets or prejudice the rights of policyholders, creditors, or shareholders, or the administration of any proceeding under this chapter.(b) The receiver may apply to any court outside of the state for the relief described in § 27-14.3-4(a).History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-6 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-6 - Cooperation of officers, owners, and employees.

§ 27-14.3-6. Cooperation of officers, owners, and employees.(a) Any officer, manager, director, trustee, owner, employee, insurance producer, or agent of any insurer, or any other persons with authority over or in charge of any segment of the insurer's affairs, shall cooperate with the commissioner in any proceeding under this chapter or any investigation preliminary to the proceeding. The term "person" as used in this section includes any person who exercises control directly or indirectly over activities of the insurer through any holding company or other affiliate of the insurer. The term "cooperate" includes, but shall not be limited to, the following:(1) To reply promptly in writing to any inquiry from the commissioner requesting a reply; and(2) To make available to the commissioner any books, accounts, documents, or other records or information or property of or pertaining to the insurer and in his or her possession, custody or control.(b) No person shall obstruct or interfere with the commissioner in the conduct of any delinquency proceeding or any investigation preliminary or incidental to that proceeding.(c) This section shall not be construed to abridge existing legal rights, including the right to resist a petition for liquidation or other delinquency proceedings, or other orders.(d) Any person included within subsection (a) of this section who fails to cooperate with the commissioner, or any person who obstructs or interferes with the commissioner in the conduct of any delinquency proceedings or any investigation preliminary or incidental to that proceeding, or who violates any order the commissioner issued validly under this chapter may:(1) Be sentenced to pay a fine not exceeding ten thousand dollars ($10,000) or to undergo imprisonment for a term of not more than one year, or both; or(2) After a hearing, be subject to the imposition by the commissioner of a civil penalty not to exceed ten thousand dollars ($10,000) and shall also be subject to the revocation or suspension of any insurance licenses issued by the commissioner.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-7 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-7 - Repealed.

§ 27-14.3-7. Repealed.
RI Gen L § 27-14.3-8 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-8 - Condition on release from delinquency proceedings.

§ 27-14.3-8. Condition on release from delinquency proceedings.No insurer that is subject to any delinquency proceedings, whether formal or informal, administrative or judicial, shall:(1) Be released from the proceeding, unless the proceeding is converted into a judicial rehabilitation or liquidation proceeding;(2) Be permitted to solicit or accept new business or request or accept the restoration of any suspended or revoked license or certificate of authority;(3) Be returned to the control of its shareholders or private management; or(4) Have any of its assets returned to the control of its shareholders or private management until all payments of or on account of the insurer's contractual obligations by all guaranty associations, along with all expenses thereof and interest on all the payments and expenses, shall have been repaid to the guaranty associations or a plan of repayment by the insurer shall have been approved by the guaranty association.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-10 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-10 - Court's seizure order.

§ 27-14.3-10. Court's seizure order.(a) The commissioner may file in the superior court for the county of Providence a petition alleging, with respect to a domestic insurer:(1) That there exists any grounds that would justify a court order for a formal delinquency proceeding against an insurer under this chapter;(2) That the interests of policyholders, creditors, or the public will be endangered by delay; and(3) The contents of an order deemed necessary by the commissioner.(b) Upon a filing under subsection (a) of this section, the court may issue ex parte and without a hearing the requested order which shall direct the commissioner to take possession and control of all or a part of the property, books, accounts, documents, and other records of an insurer, and of the premises occupied by it for transaction of its business, and until further order of the court enjoin the insurer and its officers, managers, agents and employees from disposition of its property and from the transaction of its business except with the written consent of the commissioner.(c) The court shall specify in the order what its duration shall be, which shall be that time as the court deems necessary for the commissioner to ascertain the condition of the insurer. On the motion of either party or on its own motion, the court may hold hearings as it deems desirable after providing notice as it deems appropriate, and may extend, shorten, or modify the terms of the seizure order. The court shall vacate the seizure order if the commissioner fails to commence a formal proceeding under this chapter after having had a reasonable opportunity to do so. An order of the court pursuant to a formal proceeding under this chapter shall by itself vacate the seizure order.(d) Entry of a seizure order under this section shall not constitute an anticipatory breach of any contract of the insurer.(e) An insurer subject to an ex parte order under this section may petition the court at any time after the issuance of the order for a hearing and review of the order. The court shall hold a hearing and review not more than fifteen (15) days after the request. A hearing under this subsection may be held privately in chambers and it shall be held if the insurer proceeded against requests this.(f) If, at any time after the issuance of an order, it appears to the court that any person whose interest is or will be substantially affected by the order did not appear at the hearing and has not been served, the court may order that notice be given. An order that notice be given shall not stay the effect of any order previously issued by the court.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-11 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-11 - Commencement of formal delinquency proceeding.

§ 27-14.3-11. Commencement of formal delinquency proceeding.(a) Any formal delinquency proceeding against a person shall be commenced by filing a petition in the name of the commissioner.(b) The petition shall state the grounds upon which the proceeding is based and the relief requested, and may include a prayer for restraining orders and injunctive relief as described in § 27-14.3-5.(c) Any petition that prays for a temporary restraining order must be verified by the commissioner or his or her designee, but need not plead or prove irreparable harm or inadequate remedy by law. The commissioner shall provide only that notice as the court may require.(d) If any temporary restraining order is prayed for:(1) The court may issue an initial order containing the relief requested;(2) The order shall state the time and date of its issuance;(3) The court shall set a time and date for the return of summons, not more than ten (10) days from the time and date of the issuance of the initial order, at which time the person proceeded against may appear before the court for a summary hearing;(4) The order shall not continue in effect beyond the time and date set for the return of summons, unless the court shall expressly enter one or more orders extending the restraining order; and(5) The verified petition and the initial order shall be filed with the clerk of the court and maintained as confidential, except for good cause shown, until personal service is made.(e) If no temporary restraining order is requested, the court shall cause summons to be issued. The summons shall specify a return date not more than thirty (30) days after issuance and that an answer must be filed at or before the return date.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-12 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-12 - Return of summons and summary hearing.

§ 27-14.3-12. Return of summons and summary hearing.(a) The court shall hold a summary hearing at the time and date for the return of summons.(b) If a person is not served with summons and fails to appear for the summary hearing, the court shall:(1) Continue the summary hearing not more than ten (10) days;(2) Provide for alternative service of summons upon the person; and(3) Extend any restraining order.(c) Upon a showing of good faith efforts to effect personal service upon a person who has failed to appear for a continued summary hearing, the court shall order notice of the petition to be published. The order and notice shall specify a return date not less than ten (10) nor more than twenty (20) days after the publication and that the restraining order has been extended to the continued hearing date.(d) If a person fails to appear for a summary hearing after service of summons, the court shall enter a judgment in favor of the commissioner against that person.(e) A person who appears for the summary hearing shall file its answer at the hearing and the court shall:(1) Determine whether to extend any temporary restraining orders pending final judgment; and(2) Set the case for trial on a date not more than ten (10) days from the summary hearing.(f) The court shall grant no continuance for filing an answer.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-13 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-13 - Proceedings for expedited trial - Continuances, discovery, and evidence.

§ 27-14.3-13. Proceedings for expedited trial — Continuances, discovery, and evidence.(a) The court shall proceed to hear the case at the time and date set forth for trial without a jury and without unnecessary delays. To the extent not inconsistent with other law, the court shall give precedence to the matter over all other matters. To the extent authorized by law, the court may assign the matter to other judges if necessary to comply with the need for expedited proceedings under this chapter.(b) Continuances for trial shall be granted only in extreme circumstances.(c) The court shall receive as self-authenticated any of the following when offered by the commissioner:(1) Certified copies of the financial statements made by the person; and(2) Certified copies of examination reports of the person made by or on behalf of the commissioner.(d) The facts contained in any examination report shall be presumed to be true as of the date of the hearing if the examination was made as of a date not more than two hundred seventy (270) days before the petition was filed. The presumption shall be rebuttable and shall shift the burden of production and persuasion.(e) Discovery shall be limited to grounds alleged in the petition, and shall be concluded on an expedited basis.History of Section.P.L. 1993, ch. 248, § 1.
RI Gen L § 27-14.3-14 (2021)
2021 Rhode Island General Laws|Title 27 - Insurance|Chapter 27-14.3 - Insurers' Rehabilitation and Liquidation Act|Section 27-14.3-14 - Decision and appeals.

§ 27-14.3-14. Decision and appeals.(a) The court shall enter judgment within fifteen (15) days after the conclusion of the evidence.(b) The judgment shall be final when entered. Any appeal shall be prosecuted on an expedited basis and must be taken within five (5) days of entry. No request for reconsideration, review, or appeal, and no posting of a bond, shall dissolve or stay the judgment.History of Section.P.L. 1993, ch. 248, § 1.