# R.I. Gen. Laws § 27-1-6: Holding of deposits €” Income €” Replacement

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-6

## Section

- **Citation:** R.I. Gen. Laws § 27-1-6
- **Heading:** Holding of deposits €” Income €” Replacement
- **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 27-1-6

## Text

The general treasurer shall hold stocks or securities deposited as security for policyholders in the company, but any company depositing stocks or securities shall be permitted to receive and to collect the interest and dividends on its securities deposited, and to withdraw the securities upon depositing with the general treasurer other securities of the same character, the market value of which at the time of the deposit shall equal or exceed the amount required to be deposited.

## 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)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-6. Check the current official text before relying on it. Not legal advice.