§ 5010.680

Ill. Admin. Code tit. 44, § 5010.680

Trade-Ins

Effective May 3, 201943 Ill. Reg. 5637AUTHORITY: Implementing and authorized by Sections 67.15 and 67.22 of the Civil Administrative Code of Illinois [20 ILCS 405/67.15 and 67.22] and Sections 1 through 7, 8 and 9 of the State Property Control Act [30 ILCS 605/1-7, 8 and 9].DEPARTMENT OF CENTRAL MANAGEMENT SERVICES

a) Transferable equipment may be "traded in" by agencies as part of the purchase price of new equipment of a "like nature".
b) "Like nature" means items that are of the same type or so closely related in structure, quality or use as to be the same type as the equipment traded.

(Source: Amended at 43 Ill. Reg. 5637, effective May 3, 2019)