123. The Fonds d’indemnisation is a corporation within the meaning of the Civil Code and has the general powers of such a corporation and the special powers conferred upon it by this act.
Without limiting the generality of the foregoing, the Fonds d’indemnisation has the following powers:
(a) to intervene in any action resulting from automobile accidents;
(b) to transact or enter into a submission to arbitration with the claimants.