The commissioner shall promulgate rules and regulations establishing standards by which liabilities may be novated to a new or existing domestic insurer pursuant to an insurance business transfer plan.
R.I. Gen. Laws § 27-14.5-4.1
Insurance business transfer plans
P.L. 2018, ch. 218, § 2; P.L. 2018, ch. 290, § 2.
Official source: Rhode Island General Assembly. Reproduced from public-domain Rhode Island statutes; confirm against the official source for the current text. Not legal advice.