N.J.S.A. 18A:20-28

Fixing and payment of premiums

18A:20-28. Fixing and payment of premiums The insurance fund commissioners of such city may fix reasonable rates of premium for all insurance carried on school buildings and school property of the school district by the fund, and the board of education shall pay forthwith to the insurance fund commissioners of the city the premium for any insurance carried by the municipal insurance fund on school buildings and school property of the city school district. L.1967, c.271.

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This is the verbatim text of N.J.S.A. 18A:20-28, 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. Kyzer is not a law firm and this page is not legal advice.