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A.__Exercise powers granted to insurers under the laws of this | | State; |
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| | | 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 in other states | | for the joint performance of common administrative functions | | or with persons or other organizations for the performance | | of administrative functions; |
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| | | C.__Sue or be sued, including taking any legal actions | | necessary or proper to recover or collect assessments due | | the association; |
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| | | 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; |
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| | | E.__Establish a system to 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; |
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| | | F.__Issue policies of insurance in accordance with the | | requirements of this chapter; |
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| | | G.__Appoint appropriate legal, actuarial and other | | committees as necessary to provide technical assistance in | | the operation of the plan, policy or other contract design | | and any other function within the authority of the | | association; |
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| | | 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; |
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| | | I.__Establish rules, conditions and procedures for | | reinsuring risks of member insurers desiring to issue plan | | coverage to individuals otherwise eligible for plan coverage | | in their own names; |
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