PAP.10.20.050 Fixed Asset Disposal

No fixed asset shall be disposed of except in compliance with Chapter PAP.2 of the Lac Courte Oreilles Band of Lake Superior Chippewa Indians Tribal Code of Law – Property and Procurement Policies and Procedures. Fixed assets valued at more than $5,000.00, shall not be disposed of without the without the prior approval of the Tribal Governing Board and the additional approval of the funding agency that paid for the asset.