17:37A-4. Powers
The association shall, pursuant to the provisions of this act and the plan of operation, and with respect to essential property insurance on insurable property, have the power, on behalf of its members:
a. To cause to be issued policies of insurance to applicants;
b. To assume reinsurance from its members;
c. To cede reinsurance.
L.1968, c. 129, s. 4, eff. July 1, 1968.
This is the verbatim text of N.J.S.A. 17:37A-4, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. KyzerLex is not a law firm and this page is not legal advice.