INSURANCE REGULATION 90 IMPLEMENTATION OF THE FINANCIAL INSTITUTION INSURANCE SALES ACT


230-RICR-20-60-6 INACTIVE RULE

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Title 230 Department of Business Regulation (includes the Office of the Health Insurance Commissioner)
Chapter 20 Insurance
Subchapter 60 Miscellaneous
Part 6 INSURANCE REGULATION 90 IMPLEMENTATION OF THE FINANCIAL INSTITUTION INSURANCE SALES ACT
Type of Filing Technical Revision
Regulation Status Inactive
Effective 12/19/2001 to 12/19/2001

Regulation Authority:

R.I. Gen. Laws §§ 27-58-4 and 42-14-17

Purpose and Reason:

This regulation (the "Regulation") is promulgated by the Department of Business Regulation (the "Department"), Insurance Division ("Division") pursuant to R.I. Gen. Laws §§ 27-58-4 and 42-14-17 to implement the Financial Institution Insurance Sales Act which was enacted on August 7, 1996 (the "Act"), and to ensure the soundness of the banking and insurance businesses. Unless otherwise specified, all statutory references herein are to the Rhode Island General Laws, as they may be amended from time to time.