Tenn. Comp. R. & Regs. 1720-01-15-.01 - DEFINITION

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Surplus property means any property such as movable equipment or supplies (opposed to real property such as land or building) a department of The University of Tennessee (all campuses) determines to be obsolete, or unusable or property for which future needs do not justify the cost of maintenance and/or storage.

Notes

Tenn. Comp. R. & Regs. 1720-01-15-.01

Original rules filed September 30, 2019; effective December 29, 2019.

Authority: T.C.A. § 49-9-209(e) and Public Acts of Tennessee, 1839-1840, Chapter 98, Section 5, and Public Acts of Tennessee, 1807, Chapter 64.

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No prior version found.