Alabama § 45-48-231.24 Form of Payment; Record of Sale; Rejection of Bid. (Amended by Act 2026-36)

Alabama Statutes

§ 45-48-231.24 — Form of Payment; Record of Sale; Rejection of Bid. (Amended by Act 2026-36)

Alabama § 45-48-231.24

JurisdictionAlabama

Title 45Local Laws

Ch. 48Marshall County

Art. 23Sheriff

Part 2Funding and Operation of Office

Subpart 2Sale of Abandoned, Stolen, and Unclaimed Property

This text of Alabama § 45-48-231.24 (Form of Payment; Record of Sale; Rejection of Bid. (Amended by Act 2026-36)) is published on Counsel Stack Legal Research, covering Alabama primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ala. Code § 45-48-231.24 (2026).

Text

AMENDED BY ACT 2026-36, EFFECTIVE OCTOBER 1, 2026. SEE ACT FOR REVISED LANGUAGE.
Whenever any property is sold at public auction, the sale shall be paid only in cash. A notation in the storage record book shall be made of the sale and of the amount received for the property. The person making the sale shall have the right to reject any and all bids if the bid amount is deemed unreasonably low. The sale may continue, from time to time, if no bidders are present.

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AMENDED BY ACT 2026-36, EFFECTIVE OCTOBER 1, 2026. SEE ACT FOR REVISED LANGUAGE.
Whenever any property is sold at public auction, the sale shall be paid only in cash. A notation in the storage record book shall be made of the sale and of the amount received for the property. The person making the sale shall have the right to reject any and all bids if the bid amount is deemed unreasonably low. The sale may continue, from time to time, if no bidders are present.