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 disposal. The method of determining such fee shall be governed by regulations of the procurement commission.
Structure 2021 Tennessee Code
Title 12 - Public Property, Printing and Contracts
Chapter 2 - Administration and Disposition of State Property
Part 4 - State Surplus Personal Property Act of 1976
§ 12-2-404. Declaration of Property as Surplus
§ 12-2-410. Disposals — Procedures
§ 12-2-411. Disposition of Proceeds
§ 12-2-413. Disposals Pursuant to Statute Valid
§ 12-2-414. Rules and Regulations
§ 12-2-415. State Surplus Property Disposition Regulation