                                 CODE OF VIRGINIA

DONATION OF EQUIPMENT (§ 51.5-126)

The Department shall retain title to items of nonexpendable equipment purchased
by the Department for individuals or groups of individuals, in accordance with
this title and the federal Rehabilitation Act of 1973 (29 U.S.C. § 701 et
seq.), while such equipment has an undepreciated monetary value. Once the
equipment reaches a depreciated value of zero, the Department may donate the
equipment to the individual or group of individuals then authorized to use it by
the Department. The donation shall be consistent with the public purpose of the
Department. The Department, in concert with the Department of Accounts, shall
establish criteria for depreciation of such equipment in accordance with
generally accepted accounting principles and maintain depreciation records. The
Department shall report a donation pursuant to this section to the Division of
Purchases and Supply and to the Auditor of Public Accounts. Nothing in this
section shall be construed to excuse the Department from complying with §
2.2-1124 except for equipment donated pursuant to this section.

HISTORY: 1986, c. 436, §§ 51.01-10.1, 51.5-10.1; 2012, cc. 803, 835.