A purchasing group and its insurer or insurers shall be subject to all applicable
laws of this state, except that a purchasing group and its insurer or insurers shall
be exempt from any law regarding liability insurance for the purchasing group that
(1) Prohibit the establishment of a purchasing group;
(2) Make it unlawful for an insurer to provide or offer to provide to a purchasing
group or its members insurance on a basis that provides advantages based on the purchasing
group's loss and expense experience not afforded to other persons with respect to
rates, policy forms, coverages, or other matters;
(3) Prohibit a purchasing group or its members from purchasing insurance on a group
basis described in subsection (2) of this section;
(4) Prohibit a purchasing group from obtaining insurance on a group basis because
the group has not been in existence for a minimum period of time or because any member
has not belonged to the group for a minimum period of time;
(5) Require that a purchasing group have a minimum number of members, common ownership
or affiliation, or certain legal form;
(6) Require that a certain percentage of a purchasing group obtain insurance on a
(7) Otherwise discriminate against a purchasing group or any of its members; or
(8) Require that any insurance policy issued to a purchasing group or any of its
members be countersigned by an insurance agent or broker residing in this state.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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