Policies & Procedures Manual - Elizabeth City State University

400.1.55Transferring Assets to Another State AgencyIf an asset is transferred from ECSU to another State Agency, with the proper approvals, thisinformation will be noted it the Fixed Assets Records of both ECSU's books and the recipient'srecords. If ECSU sells the asset, the item will be taken off our asset records, otherwise ownershipremains with ECSU.Placement of DecalsTags should be consistently placed in the same location on similar types. of assets. For example,personal computers should be tagged consistently on the left-hand side of the central processingunit (CPU). Tags should always be accessible for viewing so that the asset can be seen easily andidentified without disturbing the operation of the item. However, if you do not see the decallocated on the front or side of assets assigned to you, please look in the back or otherinconspicuous places. It may have been inadvertently placed. If you still do not see the decal,please call the Fixed Assets Officer in the Purchasing Department for assistance. The asset maybe less than $500, or it may not have been tagged.