RS 2204 - Additional terms of ordinance; sale of adjudicated property
The ordinance allowing for the public sale of adjudicated property may provide that the public sale may be subject to terms and conditions imposed by the political subdivision in the ordinance. The political subdivision may also authorize the sale of adjudicated property at public sale at a price determined by the highest bidder without setting a minimum bid or requiring an appraisal. An ordinance may provide that a subsequent ordinance is required to approve the sale.
Acts 2008, No. 819, §1, eff. Jan. 1, 2009; Acts 2010, No. 947, §1.