New Jersey § 18a:64-88
Full text of New Jersey New Jersey Statutes § 18a:64-88, with citation guidance and answers to common questions.
§ 18a:64-88.
a. Any two or more four-year public institutions of higher education may form and become members of a public college risk management group. A four-year public institution of higher education may take this action by resolution of the governing board of the institution . Through membership in a public college risk management group, a four-year public institution of higher education may participate in any joint liability funds, risk management programs or related
services offered or provided by the group. The group shall have the power to establish funds for coverages authorized in section
2 of P.L.2010, c. 99 ( C.18A:64-87 ) and to jointly purchase insurance or coverages under a master policy or contract
of insurance for participating members. The group shall have the power to take other actions necessary to developing, administering,
and providing risk management programs, joint liability funds, joint insurance purchases,
and related services. b. The bylaws of the public college risk management group shall provide that any four-year public institution of higher education may join the group, provided it agrees to comply with the standards for membership,
including risk management programs, which shall be established by the group, and may
be a member as long as it complies with the standards for membership. c. A public college risk management group may sue or be sued for the liabilities and coverages
authorized by section 2 of P.L.2010, c. 99 ( C.18A:64-87 ) and shall appoint a natural person residing in this State or a corporation authorized
to do business in this State as its agent for service of process. The group shall notify the commissioner and the Office of the Attorney General of
the appointment. d. A public college risk management group shall not be considered or deemed to be an insurance
company or an insurer under the laws of this State and the development, administration
or provision by a group of joint liability funds, risk management programs, and related
services shall not constitute the transaction of insurance or the conducting of an
insurance business. A group shall not be subject to the provisions of Title 17, Subtitle 3 of the Revised
Statutes. 1 1
N.J.S.A. § 17:17-1 et seq.
Frequently Asked Questions About New Jersey § 18a:64-88
What does New Jersey Statutes § 18a:64-88 cover?
Section 18a:64-88 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 18a:64-88?
A common citation format is "New Jersey Statutes § 18a:64-88" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 18a:64-88 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.