§ 27-20.2-1 Definitions
§ 27-20.2-2 Organization
§ 27-20.2-3 Contracts
§ 27-20.2-4 Annual and quarterly statements
§ 27-20.2-5 Examination of affairs of corporation
§ 27-20.2-6 Commission plans for solicitors or insurance producers
§ 27-20.2-7 Investment standards
§ 27-20.2-8 Corporation deemed public charitable institution
§ 27-20.2-9 Adoption of chapter by hospital service corporation
§ 27-20.2-10 Nonprofit optometric service corporation assessment
§ 27-20.2-11 Rehabilitation, liquidation, or conservation
§ 27-20.2-12 Holding company systems
§ 27-20.2-12.1 No derogation of attorney general
§ 27-20.2-13 Regulations
§ 27-20.2-14 Termination of children’s benefits

Terms Used In Rhode Island General Laws > Chapter 27-20.2 - Nonprofit Optometric Service Corporations

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Dependent: A person dependent for support upon another.
  • Nonprofit optometric service corporation: means any corporation organized pursuant to this chapter for the purpose of establishing, maintaining, and operating a nonprofit optometric service plan;

    (2)  "Nonprofit optometric service plan" means a plan by which specified optometric service is provided to subscribers to the plan by a nonprofit optometric service corporation;

    (3)  "Optometric service" means the professional services rendered by persons duly licensed under the laws of this state to practice optometry or the expense indemnity for the services, appliances, supplies, and care as may be specified in any nonprofit optometric service plan. See Rhode Island General Laws 27-20.2-1

  • person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6
  • Subscribers: means those persons or groups of persons who contract with a nonprofit optometric service corporation for optometric service pursuant to a nonprofit optometric service plan. See Rhode Island General Laws 27-20.2-1