State Of Louisiana - Surplus Property Purchase Agreement And Certification Form (Page 3 of 4) in pdf

State Of Louisiana - Surplus Property Purchase Agreement And Certification Form Page 3

Agency will be invoiced and payment must be forwarded within 30

First:

days of the date of the invoice.

Organization will be invoiced and payment must be by governmental

Second:

or school check within 30 days of the date of the invoice. Personal

checks will not be accepted.

Organization will pay at the time of purchase and payment shall be by

Third:

a certified check drawn on the organization’s account with a letter from

the organization 's head approving the purchase, or the organization’s

check with a bank letter of guarantee no older than 5 business days

prior to the date of purchase.

The purchaser agrees to the following penalties as a condition to participate in the purchase

of surplus property from the state of Louisiana.

Suspension from participation in direct purchase of state surplus property for falsification

of any information in the request for certification for direct purchase of state surplus

property.

Suspension from participation in the direct purchase of state surplus property for any

failure to comply with Section B of this agreement.

Suspension from participation in direct purchase of state surplus property when

notification is received that purchasers account is over 90 days past due until the account

is paid in full.

Failure of the purchaser to comply with the requirements of section C will result in the

matter being turned over to the Attorney General for prosecution.

DEFINITIONS

“EDUCATIONAL ORGANIZATION” means an organization authorized and doing business in the State

of Louisiana with its primary purpose being the imparting of knowledge or skill through systematic

instruction by the teaching of structured courses at regularly scheduled intervals.

“CHARITABLE ORGANIZATION” means an organization authorized and doing business in the State of

Louisiana with its primary purpose being the providing of help and assistance to the needy by providing

direct assistance or indirect assistance through an institution, organization, or fund established to help the

needy. Said organization must have and maintain an IRS Section 501 status. (501.c.3)

“RELIGIOUS ORGANIZATION” means an or ganization authorized and doing business in the State of

Louisiana with its primary purpose pertaining to or teaching a generally accepted and practiced religion

within the State.

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State Of Louisiana - Surplus Property Purchase Agreement And Certification Form Page 3