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006.09.1 R1-19-5-1002. Motor Vehicle Acquisition

AR ADC 006.09.1 R1-19-5-1002Arkansas Administrative Code

West's Arkansas Administrative Code
Title 006. Department of Finance and Administration
Division 09. Office of Accounting
Rule 1. Rules and Regulations of the Financial Management Guide
Ark. Admin. Code 006.09.1 R1-19-5-1002
006.09.1 R1-19-5-1002. Motor Vehicle Acquisition
Currentness
The Director of the Department of Finance and Administration (DFA Director) designated the Department of Finance and Administration-Office of Information Services (DFA-OIS) as his agent authorized to purchase new and used vehicles for all State agencies, boards, commissions, departments and institutions of higher education. Such purchases shall be made from the Motor Vehicle Acquisition Revolving Fund (MMV Fund) which was established for the purpose of acquiring motor vehicles of the State. The amounts deposited into this fund include a portion of State general revenues as authorized by the Revenue Stabilization Law, amounts received upon the disposal of used vehicles and deposits or transfers from benefiting agencies. (ACA § 19-5-1002, ACA § 22-8-206 (a-c), ACA § 22-8-207)
PLEASE NOTE: See additional information regarding vehicles in R1-19-4-1503 Property Management and R1-19-11-243 Marketing and Redistribution.
Current with amendments received through February 15, 2024. Some sections may be more current, see credit for details.
Ark. Admin. Code 006.09.1 R1-19-5-1002, AR ADC 006.09.1 R1-19-5-1002
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