103D-1202 Rules. The policy board shall adopt rules in accordance with chapter 91 governing:

(1) The management of properties during their entire life cycle;

(2) The classes of property, whether expendable or nonexpendable;

(3) The action to be taken in case of lost, stolen, damaged, unserviceable, or unsuitable property;

(4) The sale, lease, trade-in, or disposal of surplus property by public auction, competitive sealed bidding, or other appropriate method designated by rules; provided that no employee of the owning or disposing agency shall be entitled to purchase this property; and

(5) The transfer of excess property. [L 1994, c 186, pt of 1; am L 1997, c 352, 23]


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