§ 403.56. All bids on unit basis.
69 words·~1 min read·
/us/cfr/t26/s§ 403.56·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All competitive bids shall be on a unit basis. Thus, for example, if a number of forfeited automobiles are advertised for sale at the same date, hour and place, whether or not in the same notice of sale, a separate individual bid is required as to each automobile. The Commissioner or his delegate will not accept one blanket bid to cover the entire group of automobiles offered for sale.