Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
5907 — New York Law | CourtGPT
  1. Home/
  2. Laws/
  3. New York/
  4. Isc - Insurance/
  5. Article 59/
  6. 5907
New York Legal Code

5907

Ask AI about this
A purchasing group and its insurer shall be subject to all applicable laws of this state, except that a purchasing group and its insurer shall be exempt, in regard to liability insurance for the purchasing group and any of its members, 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 liability insurance on a basis providing, 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;\n(c) prohibit a purchasing group or its members from purchasing liability insurance on a group basis described in subsection (b) of this section;\n(d) prohibit a purchasing group from obtaining liability insurance on a group basis because the group has not been in existence for a minimum period of time or because any member has not belonged to the group for a minimum period of time;\n(e) require that a purchasing group must have a minimum number of members, common ownership or affiliation, or a certain legal form;\n(f)

has not belonged to the group for a minimum period of time;\n(e) require that a purchasing group must have a minimum number of members, common ownership or affiliation, or a certain legal form;\n(f) require that a certain percentage of a purchasing group must obtain liability insurance on a group basis; or\n(g) otherwise discriminate against a purchasing group or any of its members.