Rhode Island General Laws > Chapter 27-78 – Certificates of Insurance Model Act
Current as of: 2024 | Check for updates
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| § 27-78-1 | Short title |
| § 27-78-2 | Definitions |
| § 27-78-3 | Certificate forms |
| § 27-78-4 | Limitations on use |
| § 27-78-5 | Notice requirements |
| § 27-78-6 | Applicability |
| § 27-78-7 | Enforcement and penalties |
Terms Used In Rhode Island General Laws > Chapter 27-78 - Certificates of Insurance Model Act
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may be construed to extend to and include co-partnerships and bodies corporate and politic. See Rhode Island General Laws 43-3-6