15:4-3 - Insurance of members against loss by robbery

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.