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AZ SB1038

Bill

Official Source

Status

Passed

3/16/2018

Primary Sponsor

Gail Griffin

Click for details

Origin

Senate

Fifty-third Legislature - Second Regular Session (2018)

AI Summary

  • Allows purchasers to pay state land down payments using forms of payment other than cashier's check, if approved by the commissioner
  • Permits purchasers to pay down payments within 30 days after auction rather than requiring cashier's check payment upon announcement of successful bidder
  • Changes the preceding bidder notification period from an unspecified timeframe to 5 business days after department notification to pay required amounts
  • Updates statutory language regarding payment timing by replacing "upon" with "on" and "prior to" with "before" for clearer phrasing

Legislative Description

State land sales; payment method

Land

Last Action

Chapter 18

3/16/2018

Full Bill Text

No bill text available