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N.Y. Ins. Law § 5901

Title and purpose

Applied in 1 court decision — leading case Wadsworth v. Allied Professionals Insurance (2014)

Most recently applied in Wadsworth v. Allied Professionals Insurance (April 2014)

2014-09-22

§ 5901. Title and purpose. This article may be cited as the "risk\nretention groups and purchasing groups act." The purpose of this article\nis to regulate the formation and/or operation in this state of risk\nretention groups and purchasing groups formed pursuant to the provisions\nof the federal Liability Risk Retention Act of 1986 (Public Law 99 -\n563), to the extent permitted by such law.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.