63G-7-804. Liability insurance -- Methods for purchase or renewal.
(1) Except as provided in Subsection (2), a contract or policy of insurance may be
purchased or renewed under this chapter only upon public bid to be let to the lowest and best
bidder.
(2) The purchase or renewal of insurance by the state shall be conducted in accordance
with the provisions of Title 63G, Chapter 6, Utah Procurement Code.
Renumbered and Amended by Chapter 382, 2008 General Session
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Last revised: Thursday, May 28, 2009