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Home » US Law » 2022 Rhode Island General Laws » Title 27 - Insurance » Chapter 27-5 - Fire Insurance Policies and Reserves » Section 27-5-10. – Penalty for nonconforming policy — Validity.

§ 27-5-10. Penalty for nonconforming policy — Validity.

Any insurance company or insurance producer who shall make, issue, or deliver a policy of fire insurance in willful violation of §§ 27-5-1 — 27-5-9, or any part of those sections, shall forfeit for each offense not less than fifty dollars ($50.00) nor more than two hundred dollars ($200); but the policy shall be binding upon the company issuing it.

History of Section.
G.L. 1896, ch. 183, § 6; G.L. 1909, ch. 222, § 6; G.L. 1923, ch. 258, § 6; G.L. 1938, ch. 154, § 3; G.L. 1938, ch. 154, § 2; P.L. 1945, ch. 1623, § 1; G.L. 1956, § 27-5-10.