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Section 27-34-15 Recoupment of assessments.

RI Gen L § 27-34-15 (2019) (N/A)
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§ 27-34-15. Recoupment of assessments. The rates and premiums charged for insurance policies to which this section applies shall include amounts sufficient to recoup a sum equal to the amounts paid to the association by the member insurer less any amounts returned to the member insurer by the association. Rates shall not be deemed excessive because they contain an amount reasonably calculated to recoup assessments paid by the member insurer.

History of Section. (P.L. 1988, ch. 407, § 2; P.L. 2010, ch. 91, § 1; P.L. 2010, ch. 117, § 1.)

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Section 27-34-14 Tax exemption.
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Section 27-34-16 Immunity.