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Tex. Ins. Code § 1575.106

COMPETITIVE BIDDING REQUIREMENTS; RULE

Known as the Texas Public School Retired Employees Group Benefits Act

The act spans §§ 1575.001 to 1575.506 (105 sections).

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff

(a) A contract to provide group benefits under this chapter may be awarded only through competitive bidding under rules adopted by the trustee.

(b) The trustee shall submit for competitive bidding at least every six years each contract for coverage under this chapter.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.