The place of solicitation or sale of insurance by any financial institution shall be from an office physically separated from the banking activities of the institution. Physical separation shall not be defined as a separate building. The commissioner shall have the authority to promulgate rules and regulations to implement this section pursuant to § 27-58-4.
R.I. Gen. Laws § 27-58-12
Physical location of insurance activities
Known as the Financial Institution Insurance Sales Act
The act spans §§ 27–27 (13 sections).
P.L. 1996, ch. 325, § 1.
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.