CDB(LEGAL) - ACCOUNTING: INVENTORIES

Property Manager

State Auditor

Liability

Agency property disappears, as a result of the failure of the head of an agency, property manager, or agency employee entrusted with the property to exercise reasonable care for its safekeeping;

Agency property deteriorates as a result of the failure of the head of an agency, property manager, or agency employee entrusted with the property to exercise reasonable care to maintain and service the property; or

Agency property is damaged or destroyed as a result of an intentional wrongful act or of a negligent act of any state official or employee.

Gov't Code 403.2715(e), .275

Applicability of Property Accounting Statutes

Vernon College

CDB(LEGAL)-LJC

UPDATE 35

DATE ISSUED: 11/21/2018