Montana Statutes
§ 7-8-2218 — Procedure If Property Not Sold At Public Auction
Montana·Title 7 LOCAL GOVERNMENT·Ch. 8 ACQUISITION, TRANSFER, AND MANAGEMENT OF PROPERTY AND BUILDINGS·Part 22 Acquisition, Transfer, and Management of County Property
7-8-2218 . Procedure if property not sold at public auction. After notice and appraisal are given as provided in 7-8-2212 and 7-8-2214 , if no bid or offer is made for any property offered for sale at public auction, the board of county commissioners may, at any time after the auction, sell the property at private sale and may at the private sale accept as the purchase price an amount not less than 70% of the appraised value of the property.
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Legislative History
En. Subd. 10, Sec. 1, Ch. 100, L. 1931; re-en. Sec. 4465.9, R.C.M. 1935; amd. Sec. 1, Ch. 30, L. 1953; amd. Sec. 1, Ch. 110, L. 1957; amd. Sec. 1, Ch. 120, L. 1967; amd. Sec. 1, Ch. 284, L. 1975; R.C.M. 1947, 16-1009(part); amd. Sec. 3, Ch. 547, L. 1983; amd. Sec. 6, Ch. 18, L. 1995.
Nearby Sections
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§ 7-8-103
Authorization For Governmental And Public Entities To Take Property By Gift Or Devise -- Restriction§ 7-8-203
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