Alabama Statutes
§ 41-4-380 — Division Created; Powers and Duties; Director
Alabama·Title 41 State Government·Ch. 4 Department of Finance·Art. 14 Stewardship of State-Owned Property and Leased Real Property·Div. 3 Division of Leasing Management
There shall be established within the Department of Finance the Division of Leasing Management.
(a)The functions, powers, and duties of the Division of Leasing Management shall be as follows:
(1)To formulate a statewide leasing plan for offices and other needed lease space for the various state departments, boards, bureaus, commissions, agencies, and offices managed by the division.
(2)To maintain and manage an inventory of all state leased property.
(3)To review and approve or disapprove all real property leases and to make recommendations to the Director of Finance.
(4)To develop and implement standards for real estate lease agreements.
(5)To administer and monitor all real estate lease agreements.
(6)To make recommendations and reports to the Director of Finance as to utilization
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Legislative History
(Act 2015-435, §6.)