Proceeds

Checkout our iOS App for a better way to browser and research.

RS 1045 - Proceeds

All monies derived from the sale of timber shall be forwarded to the levee board, without delay, after the sheriff making the sale has deducted therefrom the expense of advertising and his commissions for making the sales. The commission shall be two percent of the amount bid and paid, provided that this commission shall not exceed one hundred dollars for one day's adjudication. The sheriff in forwarding the money shall forward a statement certified by him as correct, showing the amount of bid, the expenditure for advertising and the amount withheld by him as commission; he shall at the same time forward to the secretary of the levee board a duplicate of his proces-verbal of sale wherein he shall give a correct description of the property sold with the recital of the acts performed by him in effecting the sale, the amount of the purchase price received, and the amount forwarded to the levee board.

Acts 1978, No. 405, §1.


Download our app to see the most-to-date content.