UNIVERSITY EQUIPMENT
| INITIATED: March 23, 1999 | APPROVED: October 21, 1999 |
PURPOSE
To provide guidance regarding the stewardship, transfer, and disposal of University owned equipment.
APPLICABILITY
All Faculty and Staff.
POLICY
It is the policy of Northern Michigan University that the ownership of all equipment rests with the University rather than with a department regardless of funding source and that departments are to follow established University procedures regarding equipment disposition and transfers.
REFERENCES
None.
INITIATING DEPARTMENT/DIVISION
Risk and Insurance, ext. 2745
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