12-2-402 - Definitions. - Tennessee Statutes

12-2-402. Definitions.

As used in this part, unless the context otherwise requires:

     (1)  “Board” means the board of standards;

     (2)  “Commissioner” means the commissioner of general services;

     (3)  “Personal property” or “property” means every species of state property which is not either:

          (A)  Real property, the disposal of which is subject to the provisions of this title, governing the disposal of state real property; or

          (B)  Intangible personal property as defined in § 67-5-501, relative to the assessment of intangible personal property for tax purposes; and

     (4)  “Surplus” or “surplus property” means that personal property which has been determined to be obsolete, outmoded, or no longer usable by the state and declared as such, by the commissioner or head of the releasing department or agency, in accordance with the provisions of this part.

[Acts 1976, ch. 821, § 2; T.C.A., § 12-236.]