Current through September, 2024
Section 3-130-6 - Physical inventory(a) Each designated property custodian or governmental unit shall conduct an annual inventory, to be verified by physical count of all state property in their possession, custody, control, or use.(b) If there is a change in the designated property custodian, the head of the department, or the head of any board, commission, agency, bureau, or office of the State or the custodial department's fiscal office shall take action to have a physical inventory taken at that time.(c) Immediately upon the completion or termination of any agency or property account, for whatever reason, a complete physical inventory shall be taken pursuant to the direction of the head of the department, or the head of any board, commission, agency, bureau, or office of the State or the custodial department's fiscal office. [Eff 12/15/95; comp 6/9/01; comp 11/15/01; comp 11/8/02] (Auth: HRS § 103D-202) (Imp: HRS § 103D-1205)