52:27B-62 - Insurance - New Jersey Statutes

52:27B-62.  Insurance
    The director shall, subject to the approval of the commissioner, effect and  maintain insurance against loss or damage by fire upon the State House and the  contents thereof in such sum as may be deemed necessary.  The director is  hereby authorized, and it shall be his duty, after consultation with the heads  of State departments and agencies, to purchase and secure all necessary  casualty insurance, marine insurance, fire insurance, fidelity bonds, and any  other insurance necessary for the safeguarding of the interest of the State.   He is hereby authorized, subject to the commissioner's supervision and  approval, to establish, in the Division of Purchase and Property, a bureau to  administer a centralized system of insurance for all departments and agencies  of the State Government.

     L.1944, c. 112, art. 6, p. 308, s. 10.