12-3-901 - Insurance for state Purchase Methods. - Tennessee Statutes

12-3-901. Insurance for state Purchase Methods.

The state treasurer shall investigate alternative methods, including competitive bidding, for purchasing insurance for the use and benefit of the state and its agencies, departments or divisions. The state treasurer shall prepare a plan for purchasing insurance, and shall submit the plan to the board of claims prior to its implementation.

[Acts 1970, ch. 567, § 1; T.C.A., §§ 12-339, 12-3-501; Acts 1994, ch. 669, § 4; 2001, ch. 89, § 1.]