Alternative methods for purchasing insurance

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. Added by 2013 Tenn. Acts, ch. 403,s 82, eff. 7/1/2013. 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. Added by 2013 Tenn. Acts, ch. 403,s 82, eff. 7/1/2013.