Iowa § 515E.7 Purchasing groups exemptions

Iowa Statutes

§ 515E.7 — Purchasing groups exemptions

Iowa § 515E.7

Title XIIICOMMERCE

Ch. 515ERISK RETENTION GROUPS AND PURCHASING GROUPS

This text of Iowa § 515E.7 (Purchasing groups exemptions) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 515E.7 (2026).

Text

A purchasing group which meets the criteria established under the federal Act is exempt
from any law of this state relating to the creation of groups for the purchase of insurance, the
prohibition of group purchasing, or any law that would discriminate against a purchasing
group or its members. An insurer is exempt from any law of this state which prohibits
providing, or offering to provide, 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, orothermatters. Apurchasinggroupissubjecttoallotherapplicablelaws.

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A purchasing group which meets the criteria established under the federal Act is exempt
from any law of this state relating to the creation of groups for the purchase of insurance, the
prohibition of group purchasing, or any law that would discriminate against a purchasing
group or its members. An insurer is exempt from any law of this state which prohibits
providing, or offering to provide, 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, orothermatters. Apurchasinggroupissubjecttoallotherapplicablelaws.