All property sold at auction shall in all cases be struck off to the highest bidder except such as may be limited. When the owner or any person employed by him is the highest bidder, he is subject to the same duties as if the property had been struck off to any other person.
La. R.S. 37:3131
Property struck off to highest bidder
Known as the Auctioneers Licensing Law
The act spans §§ 37–37 (53 sections).
Acts 1986, No. 564, §4, eff
Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.