New York § 5907 - 5907Purchasing groups; exemption from certain laws

§ 5907. 5907Purchasing groups; exemption from certain laws

§ 5907. Purchasing groups; exemption from certain laws. A purchasing group and its insurer shall be subject to all applicable laws of this state, except that a purchasing group and its insurer shall be exempt, in regard to liability insurance for the purchasing group and any of its members, from any law that would: (a) prohibit the establishment of a purchasing group; (b) make it unlawful for an insurer to provide or offer to provide liability insurance on a basis providing, to a purchasing group or its members, advantages, based on their loss and expense experience, not afforded to other persons with respect to rates, policy forms, coverages or other matters; (c) prohibit a purchasing group or its members from purchasing liability insurance on a group basis described in subsection (b) of this section; (d) prohibit a purchasing group from obtaining liability 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; (e) require that a purchasing group must have a minimum number of members, common ownership or affiliation, or a certain legal form; (f) require that a certain percentage of a purchasing group must obtain liability insurance on a group basis; or (g) otherwise discriminate against a purchasing group or any of its members.