15 U.S.C. § 3903
Purchasing groups
United States · Title 15 — COMMERCE AND TRADE · Status: effective
Cite this
- Citation
- 15 U.S.C. § 3903, Purchasing groups, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/441876
- Permanent ID
ys:prov:441876@1- SHA-256
b98888c4d98040d3c1d15255ffa96a076b7a97c62a646523a2dc3236cd0aefb3
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Except as provided in this section and section 3905 of this title, a purchasing group is exempt from any State law, rule, regulation, or order to the extent that such law, rule, regulation, or order would—
The exemptions specified in subsection (a) apply to—
liability insurance provided to—
the provision of—
A State may require that a person acting, or offering to act, as an agent or broker for a purchasing group obtain a license from that State, except that a State may not impose any qualification or requirement which discriminates against a nonresident agent or broker.
A purchasing group which intends to do business in any State shall furnish notice of such intention to the insurance commissioner of such State. Such notice—
A purchasing group shall register with and designate the State insurance commissioner of each State in which it does business as its agent solely for the purpose of receiving service of legal documents or process, except that such requirement shall not apply in the case of a purchasing group—
which—
which—
A purchasing group may not purchase insurance from a risk retention group that is not chartered in a State or from an insurer not admitted in the State in which the purchasing group is located, unless the purchase is effected through a licensed agent or broker acting pursuant to the surplus lines laws and regulations of such State.
Nothing in this chapter shall be construed to affect the authority of any State to make use of any of its powers to enforce the laws of such State with respect to which a purchasing group is not exempt under this chapter.
Nothing in this chapter shall affect the authority of any State to bring an action in any Federal or State court.
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Product Liability Risk Retention Act of 1981House: no recorded tallySenate: no recorded tally
- Risk Retention Amendments of 1986House: no recorded tallySenate: no recorded tally