Whenever a tangible asset named in this section is reported by an agency, the asset shall be specifically identified by type in the inventory report required by 260:110-3-1(a):
- (1) tangible assets with historical significance;
- (2) livestock assets by breed, gender and approximate value;
- (3) assets on loan to another agency; a copy of the written instrument documenting the loan shall be submitted with the annual inventory report;
- (4) assets that have been traded in by the agency;
- (5) assets the agency is unable to affix an inventory tag to;
- (6) assets that have been disposed of in accordance with the state surplus property program;
- (7) assets that reach the end of its useful life.
Added at 31 Ok Reg 1523, eff 9-12-14