41-4808. 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.
History:
[41-4808, added 1987, ch. 140, sec. 1, p. 280.]
Structure Idaho Code
Chapter 48 - RISK RETENTION GROUPS
Section 41-4801 - SHORT TITLE.
Section 41-4803 - DEFINITIONS.
Section 41-4804 - RISK RETENTION GROUPS CHARTERED IN THIS STATE.
Section 41-4805 - RISK RETENTION GROUPS NOT CHARTERED IN THIS STATE.
Section 41-4806 - COMPULSORY ASSOCIATIONS.
Section 41-4807 - COUNTER SIGNATURES NOT REQUIRED.
Section 41-4809 - NOTICE AND REGISTRATION REQUIREMENTS OF PURCHASING GROUPS.
Section 41-4810 - RESTRICTIONS ON INSURANCE PURCHASED BY PURCHASING GROUPS.
Section 41-4813 - DUTY OF AGENTS OR BROKERS TO OBTAIN LICENSE.
Section 41-4814 - BINDING EFFECT OF ORDERS ISSUED IN U.S. DISTRICT COURTS.