§ 4641. Contents of notice of sale — Deposit.
50 words·~1 min read·
/de/title-9/chapter-46-sewers-and-sewer-districts/4641·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The notice of sale shall require all bidders to deposit a certified or cashier’s check for 2% of the amount of bonds proposed to be sold, to secure the district from any loss resulting from the failure of the bidder to comply with the terms of his or her bid.