# R.I. Gen. Laws § 27-1-8: Return of deposit on termination of business

> Rhode Island · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_RI_T27_C27-1_S27-1-8

## Section

- **Citation:** R.I. Gen. Laws § 27-1-8
- **Heading:** Return of deposit on termination of business
- **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 27-1-8

## Text

Whenever any insurance company that has deposited stocks or other securities with the general treasurer desires to relinquish its business, the general treasurer shall, on application of the company, under the oath of the president or principal officer and secretary, give notice of that intention in two (2) newspapers published in this state, to be inserted at least twice a week for six (6) months. After the publication, the general treasurer, on being satisfied by an examination of the books and of the officers of the company under oath that all of its debts and liabilities are paid or extinguished upon any contract or agreement, shall deliver up to the company from whom the general treasurer received the securities, the stocks or other securities held by the general treasurer belonging to the company.

## 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_S27-1-8. Check the current official text before relying on it. Not legal advice.