# R.I. Gen. Laws § 27-1-4: Power of companies to comply with tax and license laws not held invalid

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-4

## Section

- **Citation:** R.I. Gen. Laws § 27-1-4
- **Heading:** Power of companies to comply with tax and license laws not held invalid
- **Jurisdiction:** Rhode Island
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** RI Code / Title 27 / Chapter 27-1 / Section 27-1-4

## Text

Every domestic insurance company and its officers, directors, agents, and employees shall have power and authority to comply with any statute, ordinance, or other law of any state, territory, or political subdivision of a state or territory, including the District of Columbia, imposing any license, excise, privilege, occupation, premium, or other tax, fee, or deposit requirement and to pay the tax or fee and make the deposit unless prior to payment the statute, ordinance, or other law shall have been expressly held invalid by the Supreme Court of the United States. No company, officer, director, employee, or agent shall be subject to liability by reason of any compliance or payment either previously or subsequently made.

## Nearby sections

- [R.I. Gen. Laws § 27-1-1 § 27-1-1. Site of principal office and records.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-1.md)
- [R.I. Gen. Laws § 27-1-1.1 § 27-1-1.1. Telephone number €” Toll-free or collect.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-1.1.md)
- [R.I. Gen. Laws § 27-1-2 § 27-1-2. Special stockholders€™ meetings €” Notice €” Quorum.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-2.md)
- [R.I. Gen. Laws § 27-1-2.1 § 27-1-2.1. Corporate governance standards.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-2.1.md)
- [R.I. Gen. Laws § 27-1-3 § 27-1-3. Stock assessments to meet deficits.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-3.md)
- [R.I. Gen. Laws § 27-1-4 § 27-1-4. Power of companies to comply with tax and license laws not held invalid.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-4.md)
- [R.I. Gen. Laws § 27-1-5 § 27-1-5. Deposits with general treasurer to comply with laws of other states.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-5.md)
- [R.I. Gen. Laws § 27-1-6 § 27-1-6. Holding of deposits €” Income €” Replacement.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-6.md)
- [R.I. Gen. Laws § 27-1-7 § 27-1-7. Certificate of deposits.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-7.md)
- [R.I. Gen. Laws § 27-1-8 § 27-1-8. Return of deposit on termination of business.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-8.md)
- [R.I. Gen. Laws § 27-1-9 § 27-1-9. Examinations to ascertain market value of securities deposited €” Deficiencies.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-9.md)
- [R.I. Gen. Laws § 27-1-10 § 27-1-10. State not liable for deposits.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-10.md)
- [R.I. Gen. Laws § 27-1-11 § 27-1-11. Visitation and examination of insurance companies.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-11.md)
- [R.I. Gen. Laws § 27-1-12 § 27-1-12. Summons of witnesses €” Obstruction or refusal to testify.](https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-12.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-4. Check the current official text before relying on it. Not legal advice.