TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING,
PROCUREMENT AND PROPERTY MANAGEMENT
SUBTITLE D: PROPERTY MANAGEMENT
CHAPTER I: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 5010 MARKING, INVENTORY, TRANSFER AND DISPOSAL OF STATE-OWNED PERSONAL PROPERTY
SECTION 5010.800 PROCEEDS OF SALES OF TRANSFERABLE EQUIPMENT
SUBTITLE D: PROPERTY MANAGEMENT
CHAPTER I: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 5010 MARKING, INVENTORY, TRANSFER AND DISPOSAL OF STATE-OWNED PERSONAL PROPERTY
SECTION 5010.800 PROCEEDS OF SALES OF TRANSFERABLE EQUIPMENT
Section 5010.800 Proceeds of Sales of Transferable Equipment
a) All proceeds collected by the Property Control Division from the sale of transferable equipment shall be deposited in the State Surplus Property Revolving Fund.
b) In the event the General Assembly has authorized another fund to receive the proceeds of such sale, the Property Control Division shall retain sufficient proceeds to cover the cost of disposal.
(Source: Amended at 12 Ill. Reg. 10671, effective June 14, 1988)