State departments, institutions, and agencies having property belonging to the State or in their charge on or before February 1 in each even-numbered year shall render an inventory to the Secretary of Administration of all such property, and its value, on hand on January 1 preceding, on such forms and in such detail as the Secretary of Administration may require. (Added 1959, No. 328 (Adj. Sess.), § 14; amended 1963, No. 215, § 4; 1995, No. 148 (Adj. Sess.), § 4(a), eff. May 6, 1996; 2013, No. 50, § E.101.2.)