™Your Policy Risk Impact Agent
12 chapters · 337 sections in this title.
Tenn. Code Ann. § 12-4-1001 Alternative methods for purchasing insurance
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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 …
Tenn. Code Ann. § 12-4-1002 Establishment of practices and procedures for purchasing insurance
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The state treasurer shall establish accepted practices and procedures to be followed in purchasing insurance under the plan developed under § 12-4-1001. Such practices and procedures shall be subject to the approval of the board of claims.
Tenn. Code Ann. § 12-4-1003 State employees and agents — Insurance sales to state prohibited
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All officers, officials, agents or employees of the state and its divisions, departments and agencies are prohibited from bidding, selling or contracting to sell any policy of insurance to the state or its divisions, departments and agencies.
Tenn. Code Ann. § 12-4-1004 Insurance on public buildings — Amount required — Deductibles
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All buildings and building contents owned by the state shall be insured for not less than their actual cash value subject to an aggregate deductible of not less than one million five hundred thousand dollars ($1,500,000) and to such individual claim deductible as may be commercia…
