Don't show this message again
15 U.S. Code § 3903. Purchasing groups
(a) Exemptions from State laws, rules, regulations, or ordersExcept as provided in this section and section 3905 of this title, a purchasing group is exempt from any State law, rule, regulation, or order to the extent that such law, rule, regulation, or order would—
(1)
prohibit the establishment of a purchasing group;
(2)
make it unlawful for an insurer to provide or offer to provide 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;
(3)
prohibit a purchasing group or its members from purchasing insurance on the group basis described in paragraph (2) of this subsection;
(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 must have a minimum number of members, common ownership or affiliation, or a certain legal form;