Valuable personal property definition
Valuable personal property means personal property which has a unit resale value of five hundred dollars ($500) or more, and supplies, parts, or materials which are disposed of in lots having an aggregate resale value of five hundred dollars ($500) or more, and critical assets as defined by regulation.
Valuable personal property means personal property having a unit cost of $1,000 or more, and supplies, parts or materials that are disposed of in lots having an aggregate acquisition cost of $1,000 or more.
Examples of Valuable personal property in a sentence
Valuable personal property (such as jewelry, money, or other valuable items, etc.) should not be kept in the Resident's room.