SECTION 260:105-9-2. Surplus property record keeping by a surplus property agent


Latest version.
  •   The surplus property agent shall keep and maintain the following surplus property records:
    (1)   Vehicle and equipment information. A record for each vehicle or piece of equipment received from a state agency for disposal, which contains:
    (A)   a description of the vehicle or equipment;
    (B)   the transport method;
    (C)   all documents required by this subchapter related to the vehicle or equipment;
    (D)   records for expenses incurred by the agent for:
    (i)   transport of the vehicle or equipment;
    (ii)   removal of markings from a vehicle or equipment;
    (iii)   removal of special equipment from a vehicle or equipment;
    (iv)   additional parts for a vehicle or equipment; and
    (v)   labor expenses to install parts on a vehicle or equipment.
    (2)   Surplus property information. A record for each surplus property item sold by the agent, which contains the following:
    (A)   a general description of the surplus property item;
    (B)   a copy of the signed receipt issued to the buyer.
[Source: Added at 31 Ok Reg 1516, eff 9-12-14]