17B:27A-25.6. Further authority of alliance
79 words·~1 min read·
/nj/title-17b/chapter-27a/17b-27a-25-6·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.