2016 New York Laws
BNK - Banking
Article 12-B - (Banking) 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  superintendent  of  financial  services 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.