TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
SUBTITLE D: PROPERTY MANAGEMENT
CHAPTER I: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 5020 FEDERAL SURPLUS PROPERTY: ILLINOIS STATE PLAN, STATE AGENCY FOR FEDERAL SURPLUS PROPERTY
SECTION 5020.420 RESTRICTIONS ON SURPLUS PROPERTY OTHER THAN MOTOR VEHICLES


 

Section 5020.420  Restrictions on Surplus Property Other Than Motor Vehicles

 

Surplus property, other than motor vehicles, having an acquisition cost of $3,000 or more is subject to restrictions on its use,  transfer and disposal for eighteen months from the date the property is placed in service (41 CFR 101-44.202(c)(6), February 1980).