§ 26-36-108 — Purchasing groups; exemption from certain laws relating to the group purchase of insurance

Any purchasing group meeting the criteria established under the
provisions of the federal Liability Risk Retention Act of 1986
shall be exempt from any law of this state relating to the
creation 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 shall
be 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 or other matters. A purchasing group shall be subject
to all other applicable laws of this state.