AR 8:1

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AR 8:1 Disposition of Personal Property

Summary

Surplus property of the University and its affiliated corporations may be sold or otherwise disposed of in accordance with Kentucky law (KRS 164A.575).

This Administrative Regulation sets forth the policies and procedures necessary to conform to legal requirements for the disposition of all personal property and provides guidance to all units within the University and its affiliated corporations for the transfer or other disposition of any such personal property.  Procedures for implementation of this regulation are contained in the University's Business Procedures Manual (BPM).

Topics Include

Surplus property, disposal, conveyance, or transfer of personal property, sale of recyclable materials, livestock disposition, property unsuitable for public use, property trade-ins, property acquired with grants

Regulation Information

Effective Date: 12/15/2020

Responsible Official / Office: Executive Vice President for Finance and Administration

Related Materials

KRS 164A.575 Purchasing - Inventories - Sales of Surplus Property