New York § 5910 Administrative and procedural authority regarding risk retention groups and purchasing groups

New York Statutes

§ 5910 — Administrative and procedural authority regarding risk retention groups and purchasing groups

New York § 5910

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Art. 59Risk Retention Groups and Purchasing Groups

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Bluebook

N.Y. Insurance § 5910 (2026).

Text

  § 5910. Administrative and procedural authority regarding risk\nretention groups and purchasing groups. The superintendent is authorized\nto make use of any of the powers, established under this chapter to\nenforce the laws of this state, not specifically preempted by the\nfederal Liability Risk Retention Act of 1986. Such powers include the\nsuperintendent's administrative authority to investigate, issue\nsubpoenas, conduct depositions and hearings, issue orders, impose\npenalties and seek injunctive relief. With regard to any investigation,\nadministrative proceeding, or litigation, the superintendent may rely on\nthe procedural law and regulations of this state.\n

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§ 5910. Administrative and procedural authority regarding risk\nretention groups and purchasing groups. The superintendent is authorized\nto make use of any of the powers, established under this chapter to\nenforce the laws of this state, not specifically preempted by the\nfederal Liability Risk Retention Act of 1986. Such powers include the\nsuperintendent's administrative authority to investigate, issue\nsubpoenas, conduct depositions and hearings, issue orders, impose\npenalties and seek injunctive relief. With regard to any investigation,\nadministrative proceeding, or litigation, the superintendent may rely on\nthe procedural law and regulations of this state.\n