Louisiana Statutes
§ 39:324 — Inventory of property
Louisiana·Title 39 Procurement and Contract
A. Each property manager shall make a complete physical inventory of the property of his agency once each fiscal year. The agency shall establish and maintain a master file of the agency inventory of movable property. The master file shall contain the following information:
(1)A description of the property.
(2)The manufacturer's serial number, if any.
(3)The description and location of the identification mark.
(4)The original cost of the property.
(5)The principal place where the property is housed, garaged, stored, or used.
B. The property manager shall keep the property master file updated by submitting to the commissioner of administration monthly all property transactions. The commissioner will furnish the agency a printout of these transactions, which will be maintained according
Free access — add to your briefcase to read the full text and ask questions with AI
Louisiana § 39:324 (Inventory of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1983, No. 167, §1; Acts 1983, No. 167, §1.
Nearby Sections
15
§ 39:3
Organization§ 39:303
§ 39:303§ 39:31
Strategic planning§ 39:311
§ 39:311§ 39:32
Budget request contents§ 39:32.1
Budget request forms, content, and submission; postsecondary education formula funded agencies§ 39:321
§ 39:321§ 39:322
Appointment of property managers§ 39:323
Marking of property§ 39:324
Inventory of property