Transfers and Loans
Whether it's a computer being loaned to a staff member for a week, or lab equipment being loaned to another institution for two years, follow these procedures to document the terms of the loan and the location of the borrowed equipment:
There are different forms and rules depending on the type of transfer and what fund was used to purchase the equipment. Follow these procedures to ensure the paperwork and approvals are correct for your transfer:
For information about all loans and transfers of sponsored and non-sponsored equipment, consult Fixed Assets 104: Equipment Loans and Other Transfers.
For information about internal sales and transfers of equipment to another unit, consult Fixed Assets 103: FABweb Transfers and Disposals.
Last Updated: July 14, 2015