17B:27A-25.6 - Further authority of alliance - New Jersey Statutes

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.