Equipment Loan Policy

Author(s): Sandi Conrad, Ken Weston

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This equipment loan policy provides contact, pickup, and return information for companies, instructions on how to properly maintain and control loaned equipment, as well as procedures and regulations with this policy. Implementing this loan policy will protect companies from liability due to loss, damage, or theft of equipment.

Risks Addressed by Policy:

  • Equipment can be stolen, broken, and damaged.
  • Employees can take advantage of equipment loans.

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