N.Y. Insurance Law § 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.