SECTION 260:110-5-1. Tangible asset identification  


Latest version.
  • (a)   Inventory tags. An agency shall affix a unique identifier as an inventory tag to all tangible assets.
    (b)   Inventory tag location. The inventory tag shall be affixed in a location to ensure accessibility by an inventory control officer.
    (1)   An agency shall affix inventory tags in a similar fashion and location on tangible assets similar in nature and use.
    (2)   An agency shall place inventory tags for tangible assets that do not have an affixed tag in a central location readily accessible to inventory control officers.
    (3)   If an agency affixes an inventory tag in an inconspicuous location on a tangible asset, the agency shall indicate the location on an inventory list.
    (c)   Inventory tag material. Inventory tags shall be a durable material designed to withstand physical elements the tag may endure.
[Source: Added at 31 Ok Reg 1523, eff 9-12-14]