Title 27 · RI
Title 27Insurance
Citation: R.I. Gen. Laws § 27-5-28
Section: 27-5-28
Title 27Insurance
Chapter 5Fire Insurance Policies and Reserves
R.I. Gen. Laws § 27-5-28
§ 27-5-28. Maximum single risk insured.
No company doing business under §§ 27-5-15 â 27-5-31 shall insure any larger amount upon any single risk than is permitted by law to a company possessing the same amount of capital irrespective of the fund provided for in this chapter.
History of Section.P.L. 1907, ch. 1438, § 9; G.L. 1909, ch. 219, § 34; P.L. 1919, ch. 1783, § 1; G.L. 1923, ch. 255, § 34; G.L. 1938, ch. 150, § 33; G.L. 1956, § 27-5-28.