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New Jersey · Through P.L.2025, c.405, and J.R.22 · Newer source version available

N.J. Stat. § 17B:27A-25.6: Further authority of alliance

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  1. TITLE 17B INSURANCE

6. In addition to the powers authorized under this act, a purchasing alliance shall have the authority to:

a. Set reasonable fees for membership in the alliance that will finance reasonable and necessary costs incurred in administering the purchasing alliance;

b. Negotiate premium rates with carriers on behalf of the members of the alliance; and

c. Contract with third parties for any services necessary to carry out the powers and duties authorized or required pursuant to this act.

L.2001,c.225,s.6.

Collected 2026-08-27T17:54:13Z. Source file · JSON

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