§ 4-501. Definitions

   (a) In general. -- In this subtitle the following words have the meanings indicated.

(b) Excess personal property. -- "Excess personal property" means an item of personal property that is declared to be in excess of the needs of the custodial unit of the State government because the item:

   (1) is not necessary to the efficient operation of the unit; or

   (2) has been replaced by a similar item.

(c) Nonexpendable item. -- "Nonexpendable item" means an item of equipment or furnishing that has:

   (1) an anticipated useful life of more than 1 year; and

   (2) an original cost exceeding a minimum dollar amount established by the Department by regulation.

(d) Surplus personal property. -- "Surplus personal property" means an item of excess personal property that the Department declares is not needed by any unit of the State government.

HISTORY: An. Code 1957, art. 41, § 232; 1985, ch. 11, § 2; 2005, ch. 513.