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NEW JERSEY STATUTES AND CODES
40A:10-42 - Provision of insurance coverage after approval
40A:10-42. Provision of insurance coverage after approval
Upon the approval of its bylaws and plan of risk management pursuant to the provisions of section 6 of this act, a joint insurance fund may provide insurance coverage to its member local units by self-insurance, the purchase of commercial insurance or reinsurance, or any combination thereof.
L.1983, c. 372, s. 7, eff. Oct. 28, 1983.
Upon the approval of its bylaws and plan of risk management pursuant to the provisions of section 6 of this act, a joint insurance fund may provide insurance coverage to its member local units by self-insurance, the purchase of commercial insurance or reinsurance, or any combination thereof.
L.1983, c. 372, s. 7, eff. Oct. 28, 1983.
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