SB 1320 - Kinder, Peter
Modifies bid process for depositaries of state institutions
Bill Details
Sponsor
LR Number
4747S.01T
Title
SB 1320
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2004
Current Status
Signed by Governor
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 1320 - This act authorizes the management of any state institution with control of any funds to solicit bids from banks in any year in which the bid is requested. Currently, such bids shall only be solicit bids in odd-numbered years. The act provides that bids may be for a period of one to four years. Banks are authorized to submit bids for a term of up to four years.
JIM ERTLE