2.__Powers. The association may:

A.__Exercise powers granted to insurers under the laws of this State;

B.__Enter into contracts as necessary or proper to carry out the provisions and purposes of this chapter, including the authority, with the approval of the superintendent, to enter into contracts with similar organizations of other states for the joint performance of common administrative functions or with persons or other organizations for the performance of administrative functions;

C.__Sue or be sued, including taking any legal actions necessary or proper to recover or collect assessments due the association;

D.__Take any legal actions necessary to avoid the payment of improper claims against the association or the coverage provided by or through the association, to recover any amounts erroneously or improperly paid by the association, to recover any amounts paid by the association as a result of mistake of fact or law or to recover other amounts due the association;

E.__Establish, and modify from time to time as appropriate, rates, rate schedules, rate adjustments, expense allowances, producers' referral fees, claim reserve formulas and any other actuarial function appropriate to the operation of the association in accordance with section 3910;

F.__Issue policies of insurance in accordance with the requirements of this chapter;

G.__Appoint appropriate legal, actuarial and other committees as necessary to provide technical assistance in the operation of the plan, policy and other contract design and any other function within the authority of the association;

H.__Borrow money to effect the purposes of the association.__Any notes or other evidence of indebtedness of the association not in default must be legal investments for insurers and may be carried as admitted assets;

I.__Establish rules, conditions and procedures for reinsuring risks of member insurers desiring to issue plan