§ 58-22-1. Purpose.

Article22.

Liability Risk Retention.

§ 58‑22‑1. Purpose.

The purpose of this Article isto regulate the formation and operation of risk retention and purchasing groupsin this State that are formed pursuant to the provisions of the ProductLiability Risk Retention Act of 1981, as amended by the Risk RetentionAmendments of 1986 (15 U.S.C. §3901 et seq.). (1985 (Reg. Sess., 1986), c.1013, s. 8; 1987, c. 310, s. 1.)