Article
Sale, Etc., of Personal Property or Timber Owned by Institute by Auction or Bid
- Ala. Code § 21-1-80— Contracts for Sale, Etc., of Tangible Personal Property or Standing Timber of Institute by Public Auction or Sealed Bid, Advertisement of Sale; Manner of Taking Bids and Awarding Contract.
- Ala. Code § 21-1-81— Authority of President to Sell by Lot or Individual Item, Subject to Consent of Board; When All Bids May Be Rejected and Sale Re-advertised or Items Sold by Negotiation.
- Ala. Code § 21-1-82— Institute’s Officers and Employees Not to Act as Agents for Bidders; Ability to Bid or Purchase.
- Ala. Code § 21-1-83— Advertised Property to Be Available for Inspection.
- Ala. Code § 21-1-84— Disposition of Proceeds of Sale.
- Ala. Code § 21-1-85— Payment by Purchaser Due Upon Removal; Time Limit for Removal; Exception for Standing Timber.
- Ala. Code § 21-1-86— Sale Violating This Article Void; Penalties for Persons Responsible and Bondsmen; How Penalties Recovered.
- Ala. Code § 21-1-87— Violation Constitutes a Misdemeanor.
- Ala. Code § 21-1-88— Applicability; Validation of Certain Prior Sales.