74-4702. Specific authority required for purchase of property insurance by state agencies. No state agency shall purchase insurance on any property owned by the state agency or the state except as otherwise expressly and specifically authorized by law.

History: L. 1957, ch. 290, § 2; L. 1963, ch. 411, § 1; L. 1979, ch. 186, § 27; L. 1983, ch. 293, § 1; L. 1985, ch. 253, § 4; L. 1986, ch. 293, § 3; L. 1987, ch. 298, § 1; L. 1990, ch. 278, § 2;L. 1990, ch. 281, § 2; April 19.