Subchapter 4 - JOINT INSURANCE FUNDS FOR SCHOOL BOARDS PROVIDING PROPERTY AND LIABILITY COVERAGES
- Section 11:15-4.1 - Purpose and scope
- Section 11:15-4.2 - Definitions
- Section 11:15-4.3 - Agreement to join joint insurance fund; duration
- Section 11:15-4.4 - General requirements
- Section 11:15-4.5 - Bylaws and risk management program; filing requirements
- Section 11:15-4.6 - Bylaws and risk management program; contents
- Section 11:15-4.7 - Disapproval of bylaws and risk management program
- Section 11:15-4.8 - Revocation of approval
- Section 11:15-4.9 - Approval of non-members
- Section 11:15-4.10 - Termination and/or withdrawal of fund members
- Section 11:15-4.11 - Insolvency and/or bankruptcy of fund members
- Section 11:15-4.12 - Voluntary dissolution of a fund
- Section 11:15-4.13 - Establishment of trust fund accounts; transfers or withdrawals prohibited
- Section 11:15-4.14 - Administrative account
- Section 11:15-4.15 - Assessments
- Section 11:15-4.16 - Supplemental assessments
- Section 11:15-4.17 - Failure or refusal to provide required assessments
- Section 11:15-4.18 - Individual loss reserve funds
- Section 11:15-4.19 - Certification of funds
- Section 11:15-4.20 - Investments; application of investment income
- Section 11:15-4.21 - Refunds
- Section 11:15-4.22 - Disbursements and/or payment of claims
- Section 11:15-4.23 - Excess insurance and/or reinsurance
- Section 11:15-4.24 - Financial statement and reports
- Section 11:15-4.25 - Examination of funds
- Section 11:15-4.26 - Servicing organizations; administrator
- Section 11:15-4.27 - Conflict of interest
- Section 11:15-4.28 - Notice and hearing
- Section 11:15-4.29 - Orders
- Section 11:15-4.30 - Compliance dates
- Section 11:15-4.31 - Severability