Tenn. Code § 12-2-402

Current through Acts 2023-2024, ch. 1069

Section 12-2-402 - Part definitions

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.

T.C.A. § 12-2-402

Acts 1976, ch. 821, § 2; T.C.A., § 12-236; Acts 2011, ch. 295, §§ 9(a), 19; 2012, ch. 626, § 4.