Surplus Asset Disposal
Description: Authorizes the University to dispose of personal property assets which are declared surplus. Has associated Procedure
Notes: Approved by Board of Governors 2007/06/25. Replaces Policy on Disposal of Surplus Furnishings and Equipment, 1996/05/06. Date Effective: 2007/06/25
Approval Authority: Board of Governors
Signature: Marshall Cohen
This Policy applies to all University assets except for real estate or other interests in land.
A University asset which is declared surplus may be disposed of by the University in accordance with guidelines and procedures for its disposition promulgated from time to time by the Vice-President Finance and Administration.