Section R33-126-205 - Related Party Transactions(1) The division has a duty to the public to ensure that state-owned surplus property is disposed of in accordance with Title 63A, Chapter 2, Division of Purchasing and General Services. A conflict of interest may exist or appear to exist when a related party attempts to purchase a state-owned surplus property item.(2) A related party is defined as someone who may fit into any of the following categories pertaining to the State-owned surplus property item in question: (a) has purchasing authority;(b) has maintenance authority;(c) has disposition or signature authority;(d) has authority regarding the disposal price;(e) has access to restricted information; and(f) may be perceived to be a related party using other criteria which may prohibit independence.Utah Admin. Code R33-126-205
Adopted by Utah State Bulletin Number 2024-15, effective 7/9/2024, exp. 11/6/2024 (Emergency)Adopted by Utah State Bulletin Number 2024-21, effective 10/22/2024