Ill. Admin. Code tit. 44 § 5010.710

Current through Register Vol. 48, No. 49, December 6, 2024

Section 5010.710 - Determination of Appraised Value

a) For purposes of a sale of equipment to Priority Agencies, the appraised value shall be determined by the Administrator using prevailing industry standards and based on the condition of the property.

b) Scrap metal shall be priced at its cash market price at the time of sale.

Ill. Admin. Code tit. 44, § 5010.710

Amended at 16 Ill. Reg. 17595, effective November 9, 1992

Amended at 43 Ill. Reg. 5637, effective 5/3/2019