US Lawyer Database

§ 12-2-406. Advertisement and Notice

Public auctions and sales under sealed bid, as provided in this part, shall be publicly advertised and publicly held. Notice of intended disposal by public auction or sale under sealed bid shall be entered by the commissioner in at least one (1) newspaper of general circulation in the county or counties in which the disposal […]

§ 12-2-407. Sale of Surplus Property to Governmental Entities and Not-for-Profit Corporations

The procurement commission shall promulgate regulations governing the transfer of surplus property to such governmental entities and corporations organized and conducted not-for-profit which have been approved as authorized donees under the federal surplus property program. Such regulations shall include, but not be limited to, prices to be set on items of surplus property, restrictions on […]

§ 12-2-408. Payment — Transfer of Possession

Acceptable payment for property purchased under any method prescribed by this part shall be prescribed by the procurement commission in its rules and regulations. Possession of property shall not pass until the occurrence of such conditions as the procurement commission may prescribe by rules or regulations; provided, that where payment is tendered by check or […]

§ 12-2-409. Disposal — Exempt Personal Property

Disposal of surplus personal property which is determined to not be salvageable or usable, in accordance with regulations of the procurement commission, and disposal of surplus property in the collection of the Tennessee state museum, are exempt from this part; provided, that such disposals are made in accordance with regulations of the procurement commission. Disposal […]

§ 12-2-410. Disposals — Procedures

All disposals of surplus state personal property shall be conducted by the department of general services, in accordance with this part and applicable regulations of the procurement commission. The procurement commission may, however, in its discretion, designate the department having jurisdiction over the producing facility as the agent for disposal in the case of surplus […]

§ 12-2-411. Disposition of Proceeds

The proceeds from the disposal of property under this part shall be remitted to the department releasing such property. The commissioner shall charge the releasing department a reasonable fee to cover the cost of disposition of the property, except where the releasing department is authorized pursuant to § 12-2-410 to serve as the agent for […]

§ 12-2-412. Violations — Penalties

It is hereby declared unlawful for any state official or employee to purchase from the state except by bid at public auction or by internet auction, using a personal computer on personal time, any surplus property during the tenure of such person’s office or employment, or for six (6) months thereafter. A purchaser who violates […]

§ 12-2-403. Methods of Disposal

No article or personal property may be disposed of as surplus except by one (1) of the following methods: Public auction, publicly advertised and held; Sale under sealed bids, publicly advertised, opened and recorded; Sale by internet auction; Negotiated contract for sale, at arms length; but only in those instances in which the availability of […]

§ 12-2-401. Short Title

This part shall be known and may be cited as the “State Surplus Personal Property Act of 1976.”

§ 12-2-402. Part Definitions

As used in this part, unless the context otherwise requires: “Commission” means the procurement commission; “Commissioner” means the commissioner of general services; “Personal property” or “property” means every species of state property which is not either: Real property, the disposal of which is subject to this title, governing the disposal of state real property; or […]