Montana Statutes
§ 33-11-107 — Purchasing Groups -- Exemption From Certain Laws Relating To Group Purchase Of Insurance
Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 11 LIABILITY RISK RETENTION AND PURCHASING GROUPS·Part 1 General Provisions
33-11-107 . Purchasing groups -- exemption from certain laws relating to group purchase of insurance. A purchasing group meeting the criteria established under the provisions of the federal Liability Risk Retention Act of 1986 (15 U.S.C. 3901, et seq.) is exempt from any law of this state relating to the formation of groups for the purchase of insurance, prohibition of group purchasing, or any law that would discriminate against a purchasing group or its members. In addition, an insurer is exempt from any law of this state that 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, or other matters. A purchasing group is subject to all
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Related
§ 3901
15 U.S.C. § 3901
Legislative History
En. Sec. 7, Ch. 249, L. 1987.
Nearby Sections
15
§ 33-11-101
Purpose§ 33-11-102
Definitions§ 33-11-103
Chartering -- Licensing -- Plan Of Operation§ 33-11-105
Compulsory Associations§ 33-11-106
Repealed§ 33-11-110
Taxation Of Purchasing Group§ 33-11-111
Through 33-11-120 Reserved§ 33-11-121
Administrative And Procedural Authority Regarding Risk Retention Groups And Purchasing Groups§ 33-11-122
Penalties