Tenn. Comp. R. & Regs. 1720-01-15-.01
Current through January 8, 2025
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.
Tenn. Comp. R. & Regs. 1720-01-15-.01
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.