§435E-2  Cooperative indemnity. Physicians and surgeons may, any other law to the contrary notwithstanding,form cooperative corporations for the purposes of this chapter.  The members ofa cooperative corporation, which shall be limited to physicians and surgeonsonly, may enter into unincorporated interindemnity or reciprocal contractsamong themselves; provided that such contracts indemnify solely in respect tomedical malpractice claims against such members, and do not collect in advanceof loss any moneys other than contributions by each member to a collectivereserve trust fund or for necessary expenses of administration.  In addition,each such interindemnity, reciprocal, or interinsurance contract shall meet therequirements of this chapter. [L 1977, c 182, pt of §1]