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701-03: Loaned Equipment - To OSU
Property Management Policy & Procedure Manual
Section 701: Loaned Equipment
Effective: 03/01/1979
Revised: 09/10/2007
Purpose
To document and record equipment being loaned to OSU.
Policy
The Property Management Office must approve all equipment loaned to OSU. Equipment loaned to OSU must be for official institutional purposes and the use must be directed by OSU Officials, Managers, or Representatives.
OSU does not accept responsibility for personally owned equipment that is lost or stolen. However, if personally owned property is being used for university business, generally the property will be covered by Risk Management. Exceptions include stereo equipment, radios, pictures, paintings, fans, and general property not to be used for university purposes.
Property Control suggests that individuals who have personally owned equipment on campus take the following precautions to avoid the possibility of its being mistaken for OSU equipment:
- Mark the equipment for identification of ownership.
- Provide the department head with a list of personally owned equipment being used for university purposes.
Should confusion arise, proof of ownership will lie with the individual, not with OSU.
Procedure
| Responsible Party | Action |
| Department |
|
|
Property Management |
|
| Department |
|
Cross Reference
See PRO 206: Equipment Acquisition - Loan for related information.
Additional Information
See the Department of Public Safety & Oregon State Police website for information on how to identify your personal items through the "Operation ID" program.
