Tribal Law Gateway  | Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin  | Collection | Lac Courte Oreilles Tribal Code of Law. | Title PAP Policies and Procedures | Chapter PAP.2 Property and Procurement Policies and Procedures of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians | Subchapter PAP.2.13 Property and Equipment Inventory | PAP.2.13.090 Valuation of Property Acquired After Initial Inventory

Lac Courte Oreilles Band of Lake Superior Chippewa Indians of Wisconsin - Tribal Law

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Lac Courte Oreilles Tribal Code of Law.

PAP.2.13.090 Valuation of Property Acquired After Initial Inventory

(a) New Items. The value will be the purchase price plus freight and installation charges. The amount will be obtained from the purchase order or invoice.

(b) Trade In Items. If a trade-in is involved, the cost to be used is the gross price before deduction of the trade-in allowance.

(c) Transferred Items. Items received from other Tribes or Agencies (including Federal surplus), gifts, etc. – the cost to be used is the fair market values at the time of acquisition.

Original url: https://law.lco-nsn.gov/us/nsn/lco/council/code/PAP.2.13.090

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