The association may: 1. Exercise the powers granted to insurance companies under the laws of this state. 2. Sue or be sued, including taking any legal actions necessary or proper to recover or collect assessment due the association. 3. Take such legal action as necessary: a. To avoid the payment of improper claims against the association or the coverage provided by or through the association; b. To recover any amounts erroneously or improperly paid by the association; c. To recover any amounts paid by the association as a result of mistake of fact or law; or d. To recover other amounts due the association. 4. Enter contracts with the insurance companies, similar associations in other states, or other persons for the performance of administrative functions. 5. Establish administrative and accounting procedures for the operation of the association. 6. Provide for the reinsuring of risks incurred as a result of issuing the coverages required by individuals covered by the association benefit plans. 7. Provide for the administration by the association of policies, which are reinsured pursuant to subsection 6. 8. Issue benefit plans for coverage in accordance with the requirements of sections 26.1-08-06 and 26.1-08-06.1. 9. Design, utilize, contract, or otherwise arrange for the delivery of cost -effective health care services, including establishing or contracting with preferred provider organizations, health maintenance organizations, and other limited network provider arrangements.
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