Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale shall be allocated as follows:(1) If the sale of surplus computer or electronic equipment is made within the agency: (A) Sixty percent (60%) of the proceeds shall be returned to the owning agency;(B) Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and(C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter; and(2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section: (A) Fifty percent (50%) of the proceeds shall be returned to the owning agency;(B) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and(C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter and § 19-5-1217.Acts 2001, No. 1410, § 8.
Arkansas Legal Code