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XML document 17:30D-19 "Medical Malpractice Liability Insurance Purchasing Alliance;" definitions.
New Jersey Statutes (Unannotated) / NEW JERSEY GENERAL AND PERMANENT STATUTES (UPDATED THROUGH P.L.2023, c.256, and J.R.18) / TITLE 17 CORPORATIONS AND INSTITUTIONS FOR FINANCE AND INSURANCE
...  17: 30D-19 "Medical Malpractice Liability Insurance Purchasing Alliance;" definitions. 17: 30D-19 "Medical Malpractice Liability Insurance Purchasing Alliance;" definitions. 14. Physicians may join together, by means of a joint contract under the procedures established by this section, to form a " Medical Malpractice Liability Insurance Purchasing Alliance" for the purpose of negotiating a reduced premium for its members in the purchase of medical malpractice liability insurance. The joint contract shall be executed...
... by all members of the purchasing alliance. a. As used in this section: "Board" means a medical malpractice liability insurance purchasing alliance board of directors provided for in this section. "Commissioner" means the Commissioner of Banking and Insurance. " Medical Malpractice Liability Insurance Purchasing Alliance," "purchasing alliance" or "alliance" means a purchasing alliance established pursuant to this section. "Member" means a physician who is a member of a medical malpractice liability insurance purchasing alliance as provided for in this section. b. The purchasing alliance, which may be a corporation, shall be governed by a board of directors, elected by...

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