460 IAC 14.1-22-1

460 IAC 14.1-22-1 Ownership of goods

Last amended: 2025Year: 2027Length: 168 wordsOfficial source

Cite as Ind. Admin. Code tit. 460, r. 14.1-22-1

Sec. 1. (a) Except as set forth in subsections (b) and (c): (1) the occupational tools, equipment, medical and assistive technology devices, and other tangible goods provided by the VR program to a participant are the property of the VR program until the participant's case is successfully closed; and (2) ownership of goods transfers to the participant at successful case closure. (b) Occupational tools, equipment, medical and assistive technology devices, and other tangible goods become the property of the participant immediately after receiving the item if it is: (1) purchased, in part, by the participant or a participant's family member; (2) provided for the participant entirely through comparable services and benefits; (3) customized to meet the specific needs of the participant; or (4) purchased for a self-employment employment outcome and needed as collateral for a small business loan. (c) Tools, equipment, and adaptive devices purchased by the VR program specifically for operating the BEP vending site shall be the property of the BEP at the time of purchase.
460 IAC 14.1-22-1: 460 IAC 14.1-22-1 Ownership of goods | Justis AI