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    • Legislation USA
    • New York Laws
    • ISC - Insurance
    • Article 59 - Risk Retention Groups and Purchasing Groups
    • 5901 - Title and Purpose.

    New York Laws
    Article 59 - Risk Retention Groups and Purchasing Groups
    5901 - Title and Purpose.

    § 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.

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    Structure New York Laws

    New York Laws

    ISC - Insurance

    Article 59 - Risk Retention Groups and Purchasing Groups

    5901 - Title and Purpose.

    5902 - Definitions.

    5903 - Domestic Risk Retention Groups.

    5904 - Risk Retention Groups Not Chartered in This State.

    5905 - Risk Retention Groups; Notice, Prohibited Solicitation, Coverage and Ownership.

    5906 - Security Funds and Compulsory Associations.

    5907 - Purchasing Groups; Exemption From Certain Laws.

    5908 - Notice and Registration Requirements of Purchasing Groups.

    5909 - Restrictions on Insurance Obtained by Purchasing Groups.

    5910 - Administrative and Procedural Authority Regarding Risk Retention Groups and Purchasing Groups.

    5911 - Insurance Agents, Insurance Brokers and Excess Line Brokers.

    5912 - Binding Effect of Orders Issued in United States District Court.

    5913 - Financial Responsibility.

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