Rhode Island General Laws 27-35-11. Revocation, suspension, or nonrenewal of insurer’s license
Current as of: 2023 | Check for updates
|
Other versions
Whenever it appears to the commissioner that any person has committed a violation of this chapter which makes the continued operation of an insurer contrary to the interests of policyholders or the public, the commissioner may, after giving notice and an opportunity to be heard, determine to suspend, revoke, or refuse to renew the insurer’s license or authority to do business in this state for any period that he or she finds is required for the protection of policyholders or the public. That determination shall be accompanied by specific findings of fact and conclusions of law.
History of Section.
P.L. 1971, ch. 273, § 1.
Terms Used In Rhode Island General Laws 27-35-11
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6