5-15-19 Sale of property to public agencies--Advertisement not required--Approval by Board of Fina...
Back to Chapter 5-15
Sale of property to public agencies--Advertisement not required--Approval by Board
The commission may make sales of structures, material, or property severed from the
land, or other personal property to the public and to other state agencies, departments, or political
subdivisions. Such sales to state agencies, departments, or political subdivisions shall follow the
procedures for other sales. However, no notice or advertisement for bid requirements or time of sale
requirements applies to such sale. If the sale of any such property agreed to by the commission
exceeds the sum of one hundred dollars, the sale shall be submitted by the commission to the State
Board of Finance for approval and, if approved, a bill of sale may be executed by the commission.
Source: SL 1961, ch 316, § 2 (f); SL 1963, ch 321, § 1; SL 2011, ch 2, § 68.
Get Chapter 5-15