2006 Utah Code - 31A-15-207 — Purchasing groups -- Exemption from certain laws.

     31A-15-207.   Purchasing groups -- Exemption from certain laws.
     A purchasing group and its insurers are subject to all applicable laws of this state, except that a purchasing group and its insurers are exempt, in regard to liability insurance for the purchasing group, from any law that would:
     (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 providing 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 a group basis described in Subsection (2);
     (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 certain legal form;
     (6) require that a certain percentage of a purchasing group must obtain insurance on a group basis;
     (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 producer residing in this state.

Amended by Chapter 298, 2003 General Session

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