Loading chat...
AR SB852
Bill
Status
4/1/2011
Primary Sponsor
David Wyatt
Click for details
AI Summary
-
Amends Arkansas Code § 14-16-105 to allow county property sales through Internet auctions in addition to public or private sales, with notice posted on Internet vendor websites for at least 8 consecutive days before the sale date.
-
Permits property appraised under $2,000 to be sold for not less than three-fourths of appraised value through public sale, private sale, sealed bids, or Internet sale.
-
For property appraised over $2,000, requires notice published in newspapers for two consecutive weeks and allows sales to highest bidder through sealed bids or Internet sale, with approval from a board consisting of the sheriff, treasurer, and circuit clerk.
-
Exempts recycling program materials, conservation easements, easements for utilities and public improvements, and property leases from standard sale procedures, though some still require quorum court approval.
-
Amends § 14-16-106 to add Internet auction as an option for selling surplus property, with same 8-day notice requirement on Internet vendor websites.
Legislative Description
To Amend The Procedures For The Sale Of County Property.
Last Action
Senate Notification that SB852 is now Act 1014
4/1/2011