Oklahoma § 19-178.1 - Inventory - Continuous inventory - Accounting

§ 19-178.1. Inventory - Continuous inventory - Accounting

The board of county commissioners in each county of this state

shall take, or cause to be taken, an inventory of all working tools,

apparatus, machinery and equipment belonging to the county or leased

or otherwise let to it or to any department thereof, other than that

which is affixed to and made a part of lands and buildings, the cost

of which as to each complete working unit thereof is more than Five

Hundred Dollars ($500.00), and thereafter maintain or cause to be

maintained a continuous inventory record thereof and of like tools,

apparatus, machinery and equipment purchased, leased or otherwise

coming into the custody of the county or of any office, board,

department, commission or any or either thereof, and the disposition

thereof whether sold, exchanged, leased or let where authorized by

statute, junked, strayed or stolen, and annually thereafter, or

oftener in event of death, resignation or removal of an elective

officer with a term, to verify or cause to be verified by count and

report of the same as of the end of a term of office and as part and

parcel of the accounting required by law of a retiring or re-elected

officer, and, as to appointive heads of departments amenable

directly to the board of county commissioners and as to quasigovernmental boards and commissions such as free fair boards,

hospital boards and the like, the same shall be as of the last

business day immediately preceding the day certain commencing a new

term of the board of county commissioners; all in the manner as

provided by law.

Added by Laws 1953, p. 66, § 1, emerg. eff. June 10, 1953. Amended

by Laws 1981, c. 60, § 1, eff. Oct. 1, 1981; Laws 1988, c. 145, § 1,

emerg. eff. April 27, 1988; Laws 2005, c. 201, § 1, eff. July 1,

2005; Laws 2012, c. 49, § 1, emerg. eff. April 16, 2012.