SECTION 260:110-3-2. Additional asset reporting identification elements  


Latest version.
  •   Whenever a tangible asset named in this section is reported by an agency, the asset shall be specifically identified by type in the inventory report required by 260:110-3-1(a):
    (1)   tangible assets with historical significance;
    (2)   livestock assets by breed, gender and approximate value;
    (3)   assets on loan to another agency; a copy of the written instrument documenting the loan shall be submitted with the annual inventory report;
    (4)   assets that have been traded in by the agency;
    (5)   assets the agency is unable to affix an inventory tag to;
    (6)   assets that have been disposed of in accordance with the state surplus property program;
    (7)   assets that reach the end of its useful life.
[Source: Added at 31 Ok Reg 1523, eff 9-12-14]