{"data":{"id":"us-ny/n.y.-insurance-law-5907","jurisdiction":"us-ny","citation":"N.Y. Insurance Law § 5907","heading":"Purchasing groups; exemption from certain laws","body":"§ 5907. Purchasing groups; exemption from certain laws. A purchasing\ngroup and its insurer shall be subject to all applicable laws of this\nstate, except that a purchasing group and its insurer shall be exempt,\nin regard to liability insurance for the purchasing group and any of its\nmembers, from any law that would:\n  (a) prohibit the establishment of a purchasing group;\n  (b) make it unlawful for an insurer to provide or offer to provide\nliability insurance on a basis providing, to a purchasing group or its\nmembers, advantages, based on their loss and expense experience, not\nafforded to other persons with respect to rates, policy forms, coverages\nor other matters;\n  (c) prohibit a purchasing group or its members from purchasing\nliability insurance on a group basis described in subsection (b) of this\nsection;\n  (d) prohibit a purchasing group from obtaining liability insurance on\na group basis because the group has not been in existence for a minimum\nperiod of time or because any member has not belonged to the group for a\nminimum period of time;\n  (e) require that a purchasing group must have a minimum number of\nmembers, common ownership or affiliation, or a certain legal form;\n  (f) require that a certain percentage of a purchasing group must\nobtain liability insurance on a group basis; or\n  (g) otherwise discriminate against a purchasing group or any of its\nmembers.","path":["Insurance Law","Article 59. Risk Retention Groups and Purchasing Groups"],"source_url":"https://legislation.nysenate.gov/api/3/laws/ISC/5907","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"39e56cffcc6c88383f3e360c0b6e5f29744517a3c294cf524982938086dd9a8a","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-insurance-law-5906","next":"us-ny/n.y.-insurance-law-5908"},"notice":"GroundRules: Original legal text. Not legal advice."}