UNLIMITED FREE ACCESS TO THE WORLD'S BEST IDEAS

close

ASTM E2306

Standard Guide for Disposal of Personal Property Assets

active, Most Current
Buy Now
Organization: ASTM
Publication Date: 1 July 2018
Status: active
Page Count: 3
ICS Code (Other standards related to wastes): 13.030.99
ICS Code (Other standards related to company organization and management): 03.100.99
scope:

This guide describes various personal property asset disposal methods including donation, sales, recycling, destruction, and abandonment.

This guide recognizes that while some entities distinguish between 'excess' and 'surplus' personal property assets, this guide will remain consistent with Terminology E2135 using those words as they are defined therein.

Prior to disposing of any personal property assets, consideration should be given to reutilization/reuse within the owning entity.

Disposal is the final step in the final phase of the life cycle management of personal property assets.

As entities may incur unnecessary or additional costs associated with recordkeeping, taxes, storage, maintenance, etc,. of personal property assets until final disposal actions are complete, selecting the most efficient and economical method of disposal is critical to a successful disposal program.

This guide does not include specific requirements for the classification or the disposal of scrap items or materials.

This guide does not specifically address disposal requirements of governmental laws and regulations. However, this guide enables an entity to align or integrate applicable governmental laws and regulations with its own requirements.

When disposing of assets owned by another entity, entities must adhere to contractual requirements of the owning entity as well as applicable statutory and regulatory guidelines, policies, and requirements specific to the owning entity.

This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.

Document History

ASTM E2306
July 1, 2018
Standard Guide for Disposal of Personal Property Assets
This guide describes various personal property asset disposal methods including donation, sales, recycling, destruction, and abandonment. This guide recognizes that while some entities distinguish...
March 1, 2013
Standard Practice for Disposal of Personal Property
This practice describes various personal property disposal methods including donation, sales, recycling, destruction, and abandonment. This practice recognizes that while some entities distinguish...
May 1, 2011
Standard Practice for Disposal of Personal Property
This practice encompasses the disposal of surplus personal property and how surplus property is donated, sold, recycled, abandoned, or destroyed. Disposal is the final step in the final phase of the...
July 10, 2003
Standard Practice for Utilization and Disposal of Personal Property
This standard encompasses how excess and surplus personal property is utilized, donated, sold, abandoned or destroyed. Disposal is the final step in the final phase of the Personal Property...

References

Advertisement