Insurance Law 5901 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search up ARTICLE 59 Risk Retention Groups and Purchasing Groups next SECTION 5902 Definitions Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email 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.