(1) This chapter shall be deemed and held exclusive authority for the organization and operation of automobile clubs or associations within this state, and the automobile clubs or associations shall not be subject to any other laws respecting insurance companies of any class, kind, or character, except as to the conduct of hearings by the Insurance Commissioner and appeals therefrom.
(2) However, this chapter shall not affect the validity of any membership certificate of any automobile club or association issued and outstanding prior to March 24, 1955.