West Virginia § 5-16C-3 Finance board responsibilities for review and approval of certain contracts

West Virginia Statutes

§ 5-16C-3 — Finance board responsibilities for review and approval of certain contracts

West Virginia·Ch. 5 GENERAL POWERS AND AUTHORITY OF THE GOVERNOR, SECRETARY OF STATE AND ATTORNEY GENERAL; BOARD OF PUBLIC WORKS; MISCELLANEOUS AGENCIES, COMMISSIONS, OFFICES, PROGRAMS, ETC·Art. 16C PRESCRIPTION DRUG COST MANAGEMENT ACT

The finance board is responsible for reviewing any proposed contract authorized by this article before it is executed by the director of the Public Employees Insurance Agency. If the board determines that the proposed contract meets the requirements of this article and would assist in effectively managing the costs for the programs involved and would not result in jeopardizing state funds or funds due the state, it shall approve the contract and authorize the director of the Public Employees Insurance Agency to execute the contract.

Free access — add to your briefcase to read the full text and ask questions with AI

The finance board is responsible for reviewing any proposed contract authorized by this article before it is executed by the director of the Public Employees Insurance Agency. If the board determines that the proposed contract meets the requirements of this article and would assist in effectively managing the costs for the programs involved and would not result in jeopardizing state funds or funds due the state, it shall approve the contract and authorize the director of the Public Employees Insurance Agency to execute the contract.

West Virginia § 5-16C-3 (Finance board responsibilities for review and approval of certain contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.