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.