N.J. Stat. § 17B:27A-25.6

Current through L. 2024, c. 87.

Section 17B:27A-25.6 - Further authority of alliance

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.

N.J.S. § 17B:27A-25.6

L. 2001, c. 225, s. 6, eff. 2/20/2002.