Property custodian definition

Property custodian means [the chief procurement officer, or the head of any state governmental unit that is not by law under the control of a chief procurement officer,] "the head of the department, or the head of any board, commission, agency, bureau, or office of the State" or any person designated by that "officer or" head, who is responsible for the accountability of all state property in their possession, custody, control, or use.
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Property custodian means any person, officer, employee, department, agency, board, commission, or business with the responsibility of care, custody, and control of the property.
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Property custodian or “person in charge” means any employee, agent, or person who is in control of or responsible for the maintenance, operation, and protection of any state property.
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Examples of Property custodian in a sentence

  • Amendment of section 6: It gives absolute power to the Enemy Property custodian insertion of Section 6 (2) may curtail the jurisdiction of the civil courts which needs to be looked into.

  • Getting the Federal House in OrderIn keeping with the Treasury Board’s Policy on Management of Real Property, custodian departments have specific responsibilities for protecting built heritage that is theresponsibility of the federal government.

  • Property custodian designations must be completed at the beginning of each fiscal year using the PRP6A Designation of Property Custodian Form ( http://www.uh.edu/finance/Departments/Property%20Management/PRP%206A.pdf) In the instance where a property custodian has not been designated the college/division administrator serves in this capacity.

  • Property Custodians Property custodian duties and responsibilities are essential to maintaining an effective, efficient, and accurate property management program.

  • Property custodian responsibilities and procedures are defined in NPR 4200.2, NASA Equipment Management Manual for Property Custodians.

  • Property custodian - the designee of the property manager at a given location who is charged with exercising authority over and responsibility for property.

  • ESoft Campus, Metropolitan Campus, and UBT Campus in Ampara District.

  • The use of the “sealed bag” protocol for handling currency is not limited to narcotics cases.All money in the safe shall be stored in a manner that allows for a 90-120 day transfer to the Central Property custodian or timely deposit to the Department’s trust account.Found property and found money shall be handled in accordance with section5-04/060.10.

  • During his testimony Mr Attard explained that it was according to normal procedure that, when an evaluation report was received at the Department of Contracts, before this was referred the General Contracts Committee (GCC) it was vetted by the Secretaries of the said Committee.


More Definitions of Property custodian

Property custodian means any person, officer or employee of a department, agency, board, commission, educational institution or any other branch of State, county, municipal or other local government who is charged with the responsibility of care, custody and control of public property.
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Related to Property custodian

  • Sub-Custodian means and include (i) any branch of a “U.S. bank,” as that term is defined in Rule 17f-5 under the 1940 Act, and (ii) any “Eligible Foreign Custodian” having a contract with the Custodian which the Custodian has determined will provide reasonable care of assets of the Fund based on the standards specified in Section 3.3 below. Such contract shall be in writing and shall include provisions that provide: (i) for indemnification or insurance arrangements (or any combination of the foregoing) such that the Fund will be adequately protected against the risk of loss of assets held in accordance with such contract; (ii) that the Foreign Securities will not be subject to any right, charge, security interest, lien or claim of any kind in favor of the Sub-Custodian or its creditors except a claim of payment for their safe custody or administration, in the case of cash deposits, liens or rights in favor of creditors of the Sub-Custodian arising under bankruptcy, insolvency, or similar laws; (iii) that beneficial ownership for the Foreign Securities will be freely transferable without the payment of money or value other than for safe custody or administration; (iv) that adequate records will be maintained identifying the assets as belonging to the Fund or as being held by a third party for the benefit of the Fund; (v) that the Fund’s independent public accountants will be given access to those records or confirmation of the contents of those records; and (vi) that the Fund will receive periodic reports with respect to the safekeeping of the Fund’s assets, including, but not limited to, notification of any transfer to or from a Fund's account or a third party account containing assets held for the benefit of the Fund. Such contract may contain, in lieu of any or all of the provisions specified in (i)-(vi) above, such other provisions that the Custodian determines will provide, in their entirety, the same or a greater level of care and protection for Fund assets as the specified provisions.

  • Community custody means that portion of an offender's

  • Custodian means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.

  • Indian custodian means any Indian person who has legal custody of an Indian child under tribal law or custom or under State law or to whom temporary physical care, custody, and control has been transferred by the parent of such child;

  • ADS Custodian means the person then acting as custodian under the Deposit Agreement. The ADS Custodian as of the Issue Date is The Bank of New York Mellon.

  • Commodity customer means a person for which a commodity intermediary carries a commodity contract on its books.

  • Notes Custodian means the custodian with respect to a Global Note (as appointed by the Depository), or any successor Person thereto and shall initially be the Trustee.