TITLE 44: GOVERNMENT CONTRACTS, GRANTMAKING, PROCUREMENT AND PROPERTY MANAGEMENT
SUBTITLE D: PROPERTY MANAGEMENT
CHAPTER I: DEPARTMENT OF CENTRAL MANAGEMENT SERVICES
PART 5010 MARKING, INVENTORY, TRANSFER AND DISPOSAL OF STATE-OWNED PERSONAL PROPERTY
SECTION 5010.310 TRANSACTION CODES
Section 5010.310 Transaction Codes
a) The following code numbers shall be used to record a transaction which adds equipment to an agency's inventory.
b) The following code numbers shall be used to record a transaction which removes equipment from an agency's inventory. Code number 20 shall cause a piece of equipment to be removed from the agency's inventory, adjusted, and then replaced on the agency's inventory.
c) The following documentation will be required for certain deletions from an agency inventory:
d) All agencies, boards, commissions and universities must furnish to the Property Control Division, on a monthly basis, a detailed listing of inventory deletions, by transaction code, to include the following information: tag number, description, purchase price and purchase date. Documentation supporting each deletion shall be maintained in agency files. CMS Property Control Division shall have the right to review agency files upon request.
e) All deletions from agency property records except codes 36-38 must be approved by the Property Control Division prior to completing the transaction.
(Source: Amended at 12 Ill. Reg. 10671, effective June 14, 1988)