Arizona Laws 41-2607. Allocation of proceeds from sales, transfers or disposal of surplus materials
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Unless otherwise provided by law, the director shall adopt rules for the allocation of proceeds from the sale, transfer, lease or disposal of excess and surplus materials.
Terms Used In Arizona Laws 41-2607
- Director: means the director of the department of administration. See Arizona Laws 41-2503
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Surplus materials: means any materials that no longer have any use to this state or materials acquired from the United States government. See Arizona Laws 41-2601