68-221-508 - Approval of loan agreements Payments.
68-221-508. Approval of loan agreements Payments.
(a) All loan agreements entered into pursuant to this part shall be subject to approval by the commissioner of finance and administration and, as to form, by the attorney general and reporter.
(b) All payments by the state pursuant to such agreements shall be made upon warrant by the commissioner of finance and administration on vouchers approved by the department, and such payments shall be subject to audit at any time.
[Acts 1974, ch. 671, § 8; T.C.A., §§ 53-2062, 68-13-508.]