R.I. Gen. Laws
Rhode Island General Laws

R.I. Gen. Laws § 27-1-8 (2026)

Return of deposit on termination of business

✓ text as last checked Sept. 2026 (this copy records no edition or section history)
Find cases: SyfertCases citing this section RI-LEGwebserver.rilegislature.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar

Whenever any insurance company that has deposited stocks or other securities with the general treasurer desires to relinquish its business, the general treasurer shall, on application of the company, under the oath of the president or principal officer and secretary, give notice of that intention in two (2) newspapers published in this state, to be inserted at least twice a week for six (6) months. After the publication, the general treasurer, on being satisfied by an examination of the books and of the officers of the company under oath that all of its debts and liabilities are paid or extinguished upon any contract or agreement, shall deliver up to the company from whom the general treasurer received the securities, the stocks or other securities held by the general treasurer belonging to the company.

Notes of Decisions
Cited in 2 cases, 1962–1963 · leading case: Langdeau v. Narragansett Ins. Co., 179 A.2d 110 (R.I. 1962).
Sort: Relevance Newest Treatment
Langdeau v. Narragansett Ins. Co., 179 A.2d 110 (R.I. 1962). · cites it 15× “I The general treasurer contends that the superior court erred in directing him to turn over the bonds in question since he was expressly obligated by §27-1-8 not to deliver up securities in his custody except in accordance with the procedure prescribed therein.”
Langdeau v. Narragansett Ins. Co., 191 A.2d 28 (R.I. 1963). · cites it 10× “eposit of the bonds with the general treasurer as required by §27-1-5 “was intended to establish a special trust fund for the benefit of policyholders”; “that the trial justice erred in ordering the general treasurer to turn over forthwith to the receiver the securities in…”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.