Or. Admin. Code § 585-020-0030

Current through Register Vol. 63, No. 12, December 1, 2024

Section 585-020-0030 - Property Receipts and Transfer of Ownership

(1) Clients are required to sign property receipts for equipment provided to them with a cost of $5000 or more. Receipts verify that the client received the item and spell out the applicable conditions of these rules.

(2) When ownership of equipment and software are transferred to a client, the client is required to sign a transfer of ownership form. This verifies that equipment and software have been assigned to the client and spells out the applicable conditions of this policy.

2BC 1-1986, f. & ef. 4-11-86; CFTB 1-2009, f. & cert. ef. 4-13-09; CFTB 3-2009, f. & cert. ef. 8-7-09; CFTB 2-2021, amend filed 02/23/2021, effective 2/24/2021

Statutory/Other Authority: ORS 346.150 & ORS 346.180

Statutes/Other Implemented: ORS 346.180