At the request of the Director of the Division of Employment Security, the Director
of the Division of Purchase and Property may sell, either at public or private sale,
or otherwise dispose of, property purchased or acquired with funds or grants of the
United States of America or any agency or department thereof which have been or shall
be deposited in the Unemployment Compensation Administration Fund, if the Director
of the Division of Employment Security deems such property surplus, obsolete or no
longer suitable for the purposes for which it was intended. The proceeds of any sale of surplus, obsolete or unsuitable property heretofore
or hereafter made shall be deposited in the Unemployment Compensation Administration
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.