2010 New York Code
BNK - Banking
Article 12-B - (554 - 578) INSURANCE PREMIUM FINANCE AGENCIES
577 - Interpretation of article.

§ 577.  Interpretation  of  article. This article does not affect: (1)
  the inclusion of amounts for insurance in retail instalment contracts or
  obligations in accordance with the motor vehicle retail instalment sales
  act or the retail instalment sales act; (2) the inclusion of amounts for
  insurance in retail  lease  agreements  in  accordance  with  the  motor
  vehicle  retail  leasing act; or (3) the making of loans for the purpose
  of financing insurance premiums:
    (a) By any person at a rate of interest  not  greater  than  the  rate
  prescribed  by  the banking board pursuant to section fourteen-a of this
  chapter, or, if no rate has been  so  prescribed,  six  per  centum  per
  annum; or
    (b)  By  a  lending  institution  in  accordance  with  the applicable
  provisions of other laws authorizing and regulating the making of  loans
  by the lending institution.