Purchasing group restrictions.

A purchasing group shall not purchase insurance from an insurer not admitted in this state unless the purchase is effected through a duly licensed insurance producer acting pursuant to chapter 515I . 88 Acts, ch 1111, §10 ; 90 Acts, ch 1234, §44 ; 2007 Acts, ch 152, §81 ; 2012 Acts, ch 1025, §19, 22