A purchasing group and its insurer or insurers shall be subject to all applicable laws of this State, except that a purchasing group and its insurer or insurers shall be exempt from State laws as provided in 15 U.S.C. § 3903(a)(1)-(a)(8).

(Added 1991, No. 249 (Adj. Sess.), § 23, eff. Dec. 31, 1992.)