TITLE 1: GOVERNMENT
DIVISION 2: EXECUTIVE BRANCH
§ 25101. Short Title. This Act may be cited as the “Disposition of Government Property Act of 2002.” Source: PL 13-46, § 1. Commission Comment: PL 13-46 took effect January 13, 2003. According to PL 13-46: Section 2. Findings and Purpose. The legislature finds that there exists a large amount of surplus property belonging to and no longer needed by the government. The legislature further finds that the government can generate revenue, create available space and rid government property of unused and unsightly items, by ensuring that surplus physical assets and other capital equipment belonging to the government be sold at a government sponsored auction. In addition, local individuals and companies who participate in the bid process will also benefit from the surplus properties by purchasing them at reduced value and putting them to good use. The purpose of this legislation, therefore, is to require the Procurement and Supply Division of the Department of Finance to conduct a yearly auction to dispose of surplus government property which it has inventoried and deemed no longer suitable for government needs. ... Section 5. Severability. If any provision of this Act or the application of any such provision to any person or circumstance should be held invalid by a court of competent jurisdiction, the remainder of this Act or the application of its provisions to persons or circumstances other than those to which it is held invalid shall not be affected thereby. Section 6. Savings Clause. This Act and any repealer contained herein shall not be construed as affecting any existing right acquired under contract or acquired under statutes repealed or under any rule, regulation or order adopted under statutes. Repealers contained in this Act shall not have the effect of terminating, or in any way modifying, any liability, civil or criminal, which shall already be in existence at the date this Act becomes effective.