17B:27A-25.6. Further authority of alliance 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.
‹ Prev All New Jersey sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.