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  3. Can I transfer an asset to another state agency?
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  3. Can I transfer an asset to another state agency?

Can I transfer an asset to another state agency?

Yes, you can.  State Regulations require all assets, capital or non-capital, purchased by a State entity be disposed of through the University Surplus Property Office. A transfer to another state agency is considered a type of disposal.

PRIOR APPROVAL NEEDED

Assets may not be transferred to other agencies without proper approvals. Please review REG 07.40.01 – Disposal of University Property to ensure compliance with University policies. Guidelines are available per Uniform Guidance for Property Disposition.

Read more:

Asset Management and Surplus Manual, Surplusing Assets and University Property

Updated on February 28, 2020

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