ASTM E2306-11
Historical Standard: ASTM E2306-11 Standard Practice for Disposal of Personal Property
SUPERSEDED (see Active link, below)
ASTM E2306
1. Scope
1.1 This practice encompasses the disposal of surplus personal property and how surplus property is donated, sold, recycled, abandoned, or destroyed.
1.2 Disposal is the final step in the final phase of the Personal Property Management Cycle. Until the disposal action occurs and is properly documented, the property remains on an entity s property and financial records and therefore subject to costly cyclic inventories.
1.3 This standard does not include specific requirements for the classification of or the disposal of scrap items or materials.
1.4 This standard does not include specific governmental disposal requirements, or environmental, or security regulations. However, this standard enables an entity to align or integrate those requirements into its own procedures.
2. Referenced Documents (purchase separately) The documents listed below are referenced within the subject standard but are not provided as part of the standard.
ASTM Standards
E2135 Terminology for Property and Asset Management
E2279 Practice for Establishing the Guiding Principles of Property Management
Keywords
abandonment; destruction; disposal; donation; reutilization; sale; surplus;
ICS Code
ICS Number Code 03.100.99 (Other standards related to company organization and management); 13.030.99 (Other standards related to wastes)
DOI: 10.1520/E2306-11
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