(a)  Nothing in this chapter shall apply to actions or transactions permitted under laws administered by the department of business regulation or other regulatory body or officer acting under statutory authority of this state or the United States.

Terms Used In Rhode Island General Laws 6-13.1-4

  • Person: means natural persons, corporations, trusts, partnerships, incorporated or unincorporated associations, and any other legal entity. See Rhode Island General Laws 6-13.1-1
  • Statute: A law passed by a legislature.
  • United States: include the several states and the territories of the United States. See Rhode Island General Laws 43-3-8

(b)  For actions brought by the attorney general, the exemption in subsection (a) applies only if the person claiming the exemption shows that:

(1)  The person’s business activities are subject to regulation by a state or federal agency; and

(2)  The activity or conduct is in compliance with orders, including insurance bulletins, or rules of, or a statute administered by, a federal or state government agency.

History of Section.
P.L. 1968, ch. 12, § 1; P.L. 2021, ch. 206, § 1, effective July 7, 2021; P.L. 2021, ch. 329, § 1, effective July 9, 2021.