Chapter 74: State Boards, Commissions And Authorities

Article 47: Insurance By Public Agencies

Statute 74-4721: Same; annual report to legislature by department. The department shall develop and submit an annual report to the legislature which is informative as to:

      (a)   The amount and value of the property insured;

      (b)   the costs of such insurance;

      (c)   losses incurred by state agencies segregated between insured and noninsured;

      (d)   recommendations for changes in the property insurance program to enhance its value; and

      (e)   such other information as the department of administration deems appropriate.

      History:   L. 1992, ch. 276, § 5; July 1.