Something of monetary value definition

Something of monetary value means a charge, expense, deposit, rental, fine, or payment, regardless of how the payment is termed, described, requested or required directly or indirectly, in the form of money, goods or services.

Something of monetary value means a charge, expense, deposit, rental, fine, or payment (regardless of how it is described) in the form of money, goods, or services, whether it is directly or indirectly requested or required.

Examples of Something of monetary value in a sentence

• VocabularyAsset – Something of monetary value owned by an individual or an organization.

• Something of monetary value requested or required by an LEA as a condition to a student’s participation in an activity, class,or program provided, sponsored, or supported by a school.

• ASSET: Something of monetary value owned by an individual or organization.

• Purpose of the new rule or reason for the change:This rule is being amended due to passage of H.B. 477 in the 2023 General Session and recommendations from the Reports and Requirements Task Force.4. Summary of the new rule or change:These amendments add definitions for "Maintenance of School equipment", "Something of monetary value", and "Supplemental Nutrition Assistance Program (SNAP)"; remove two references to a "permanent injunction"; and delete the definition for "Supplemental Kindergarten".

• Policy/Definition Fee: Something of monetary value requested or required by the school as a condition to a student's participation in a school-supported or sponsored activity, class, or program provided.