24.301(g)(16)

(16) Purchase of substitute personal property. If an item of personal property, which is used as part of a business or farm operation is not moved but is promptly replaced with a substitute item that performs a comparable function at the replacement site, the displaced person is entitled to payment of the lesser of:

  • 24.301(g)(16)(i) The cost of the substitute item, including installation costs of the replace...
  • 24.301(g)(16)(ii) The estimated cost of moving and reinstalling the replaced item but with no...