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 5010.680 TRADE-INS


 

Section 5010.680  Trade-Ins

 

a)         Transferable equipment may be "traded in" by agencies as part of the purchase price of new equipment of a "like nature".

 

b)         "Like nature" means items that are of the same type or so closely related in structure, quality or use as to be the same type as the equipment traded.

 

(Source:  Amended at 43 Ill. Reg. 5637, effective May 3, 2019)