53-8-4. Sales at public auction, memorandum of auctioneer, compliance with statute of frauds.
80 words·~1 min read·
/sd/title-53/chapter-53-8/53-8-4A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When a sale is made by public auction of any real or personal property, an entry by the auctioneer, or actual clerk of the sale, in his sale book at the time of the sale, of the kind of property sold and description thereof sufficient for identification, the terms of sale, the price, and the names of the purchaser and person on whose account the sale was made, is a sufficient memorandum to satisfy the requirements of § 53-8-2 .