Within the University System of New Hampshire Financial Policies and Procedures
is a chapter for Equipment. Under section 11-10, "Maintaining a Property
Control System", is section B.3.e. which speaks to transferring equipment
when a faculty member leaves. I hope this helps

Ray Foss
Manager of Asset Management and Cost Analysis
xxxxxx@unhn.unh.edu

The web address for this section is:
http://www.unh.edu/controllers-office/pol_proc/pro11_10.html