Legal Research Home > New Jersey Lawyer > Corporations and Associations Not For Profit > New Jersey Corporations And Associations Not For Profit Laws Section 15:4-3. Insurance of members against loss by robbery.

Any such corporation may provide for the indemnification of its members from loss in whole or in part by robbery, burglary, larceny or theft, may make by-laws, rules and regulations for the same, may fix the dues, fees and assessments of members and provide for the payment and collection thereof, and may sue for and recover the same in any court of competent jurisdiction.

Last modified: October 21, 2006