# R.I. Gen. Laws § 27-1-7: Certificate of deposits

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-7

## Section

- **Citation:** R.I. Gen. Laws § 27-1-7
- **Heading:** Certificate of deposits
- **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 27-1-7

## Text

Whenever any insurance company has deposited the requisite stocks or other securities in conformity with the laws of the state in which the company is desirous of transacting business, the general treasurer shall furnish the company at its expense a certificate under seal of the deposit for each state that shall require the deposit, which certificate shall embrace the items of security and the amount of each deposited, and shall state that the general treasurer is satisfied that the stocks are of the market value represented, but no stocks or other securities deposited in this manner shall be withdrawn except as provided in § 27-1-6.

## 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_S27-1-7. Check the current official text before relying on it. Not legal advice.