N.J. Stat. § 17B:27A-25.6: Further authority of alliance
Where this section sits in the code
- 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