41-2601
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41-2601. Definitions In this article, unless the context otherwise requires: 1. "Excess materials" means any materials which have a remaining useful life but which are no longer required by the using agency in possession of the materials. 2. "Nonexpendable materials" means all tangible materials which have an original acquisition cost over an amount set by regulation and a probable useful life of more than one year. 3. "Surplus materials" means any materials that no longer have any use to this state or materials acquired from the United States government. This includes obsolete materials, scrap materials and nonexpendable materials that have completed their useful life cycle. |