37-238. Procedure for sale; report of sale; posting; rules

180 words·~1 min read·/az/title-37/37-238

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A. A representative of the state land department shall attend at the time and place fixed for the sale and proceed by first announcing information relevant to the sale sufficient, in the representative's judgment, to begin the bidding process, then calling for bids and selling the lands for the highest and best bid.

B. The department shall adopt rules to prescribe the procedure, method and means for the sale of state lands pursuant to this chapter, including rules for the following:

1. The sale of state lands through electronic means.

2. A requirement that any location where state lands are auctioned online includes internet access.

3. A method for persons to prove the person has sufficient monies to bid for a parcel before a public auction.

4. Reasonable qualifications and procedures to ensure a person is legally eligible to bid.

C. The department shall prepare a written report of the sale and post the report on the department's website.

D. The sale may be adjourned from day to day, or the department may dissolve the sale and readvertise the lands.