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The Laws of New York
Consolidated Laws of New York
CHAPTER 28
Insurance
ARTICLE 59
Risk Retention Groups and Purchasing Groups
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ARTICLE 59
Risk Retention Groups and Purchasing Groups
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SECTION 5902
Definitions
This entry was published on 2014-09-22
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SECTION 5901
Title and purpose
Insurance (ISC) CHAPTER 28, ARTICLE 59
§ 5901. Title and purpose. This article may be cited as the "risk
retention groups and purchasing groups act." The purpose of this article
is to regulate the formation and/or operation in this state of risk
retention groups and purchasing groups formed pursuant to the provisions
of the federal Liability Risk Retention Act of 1986 (Public Law 99 -
563), to the extent permitted by such law.