Rhode Island General Laws 27-19-4. Certificate of public convenience and advantage
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No articles of association of a nonprofit hospital service corporation shall be filed in the office of the secretary of state unless and until the insurance commissioner has certified in writing upon those articles that he or she has determined that public convenience and advantage will be promoted by the establishment of the corporation.
History of Section.
P.L. 1939, ch. 719, § 2; G.L. 1956, § 27-19-4.
Terms Used In Rhode Island General Laws 27-19-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- in writing: include printing, engraving, lithographing, and photo-lithographing, and all other representations of words in letters of the usual form. See Rhode Island General Laws 43-3-16