S.D. Admin. R. 10:02:01:01

Current through Register Vol. 51, page 67, December 16, 2024

Section 10:02:01:01 - Public personal property requiring inventory

Public personal property requiring inventory is any tangible item other than money, credits, accounts, securities, or real property that is movable, has an expected useful life exceeding one year, and has an initial purchase cost in excess of $5,000.

S.D. Admin. R. 10:02:01:01

2 SDR 80, effective 6/6/1976; 12 SDR 86, effective 11/27/1985; 21 SDR 144, effective 1/25/1995; 26 SDR 89, effective 1/6/2000.

General Authority: SDCL 1-14-12(1), 5-24-1, 5-24-1.1.

Law Implemented: SDCL 1-14-12(7), 3-1-5, 5-24-1, 5-24-1.1.