Illinois Statutes
§ 15-12 — Conduct of sale
Illinois·Topic EDUCATION·Ch. 105 SCHOOLS·Act 105 ILCS 5/ School Code.·Art. Article 15 - Common School Lands
Upon the day of sale, the county superintendent shall make sales by beginning at the lowest numbered lot and proceeding regularly to the highest numbered until they are all sold or offered. No lot shall be sold for less than its valuation. The sale may continue from day to day. Each lot shall be sold separately and offered long enough to enable any person present to bid who so desires.
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Legislative History
(Source: Laws 1961, p. 31.)
Nearby Sections
15
§ 15
§ 15§ 15-1
Lands constituting§ 15-10
§ 15-10§ 15-11
Notice of sale§ 15-12
Conduct of sale§ 15-13
Payment of purchase price§ 15-15
Valuation of unsold land§ 15-16
Certificate of purchase§ 15-17
Patents§ 15-20
Books to be kept§ 15-21
Statements to be presented