Arkansas § 6-17-1109 - Life and disability insurance — Notice, evaluation, and approval of bid proposals.
Full text of Arkansas Arkansas Code of 1987 Annotated § 6-17-1109 — Life and disability insurance — Notice, evaluation, and approval of bid proposals., with citation guidance and answers to common questions.
§ 6-17-1109. Life and disability insurance — Notice, evaluation, and approval of bid proposals.
Before selecting a policy or entering into an agreement with an insurance company for the providing of life or disability insurance for public school employees as authorized in this subchapter, the State and Public School Life and Health Insurance Board shall publicize, by inserting in one (1) or more newspapers having a general circulation in the State of Arkansas, notice that bid proposals for the providing of life or disability insurance for public school employees will be received by the board on the date and at the place stated in the notice. The notice shall be published by two (2) insertions with the first insertion to be at least thirty (30) days before the date for receiving bids and with the second insertion to be not later than two (2) weeks before the date for receiving bids. The board shall open all bids in a public meeting at the time and place established in the notice for receiving bid proposals. All bids so opened shall be made available for public inspection. The board shall evaluate each bid proposal according to the uniform criteria established by the Insurance Commissioner for evaluating benefits in relation to premiums to be charged for the benefits. The board shall also determine that each insurance company submitting a bid meets the minimum standards for financial solvency and ability to provide services as promulgated by the commissioner. After reviewing all bids, the board may approve the policy proposal with the insurance company that the board determines has submitted the bid with the best benefit coverage in relation to the premiums to be paid, as the board determines to be in the best interest of the public school employees' life or disability program. A bid contract shall be for a minimum of five (5) years. However, the board may reject any bid and readvertise for bids as set forth in this section.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 6-17-1109
What does Arkansas Code of 1987 Annotated § 6-17-1109 cover?
Section 6-17-1109 ("Life and disability insurance — Notice, evaluation, and approval of bid proposals.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 6-17-1109?
A common citation format is "Arkansas Code of 1987 Annotated § 6-17-1109" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 6-17-1109 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.