[§431K-6]  Purchasing groups; exemption fromcertain laws relating to the group purchase of insurance.  A purchasinggroup meeting the criteria established under the provisions of the FederalLiability Risk Retention Act of 1986, P.L. 99-563, shall be exempt from any lawof this State relating to the creation of groups for the purchase of insurance,prohibition of group purchasing or any law that would discriminate against apurchasing group or its members.  In addition, an insurer shall be exempt fromany law of this State which prohibits providing, or offering to provide, to apurchasing group or its members advantages based on their loss and expenseexperience not afforded to other persons with respect to rates, policy forms,coverages or other matters.  A purchasing group shall be subject to all otherapplicable laws of this State. [L 1987, c 180, pt of §1]