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Current as of January 02, 2024 | Updated by Findlaw Staff
As used in this part, unless the context otherwise requires:
(1) “Commission” means the procurement commission;
(2) “Commissioner” means the commissioner of general services;
(3) “Personal property” or “property” means every species of state property which is not either:
(A) Real property, the disposal of which is subject to this title, governing the disposal of state real property; or
(B) Intangible personal property as defined in § 67-5-501, relative to the assessment of intangible personal property for tax purposes; and
(4) “Surplus” or “surplus property” means that personal property which has been determined to be obsolete, outmoded, or no longer usable by the state and declared as such, by the commissioner or head of the releasing department or agency, in accordance with this part.
Cite this article: FindLaw.com - Tennessee Code Title 12. Public Property, Printing and Contracts § 12-2-402 - last updated January 02, 2024 | https://codes.findlaw.com/tn/title-12-public-property-printing-and-contracts/tn-code-sect-12-2-402/
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 before relying on it for your legal needs.
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