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N.Y. ISC Law § 5907

This is the official text of N.Y. ISC Law § 5907, part of New York’s ISC Law — part of the compiled statutory law of New York, published by the state as "ISC Law." Browse the sections below, each linked to its official government source.

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Purchasing groups; exemption from certain laws

Official statutory text

§ 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.\n

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.