Any insurance transaction conducted by a financial institution shall be conducted only by a Rhode Island licensed insurance producer representing a Rhode Island authorized insurer or representing a Rhode Island eligible surplus lines insurer.
R.I. Gen. Laws § 27-58-5
Licensure requirement
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.