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AZ SB1079
Bill
Status
6/21/2024
Primary Sponsor
Sine Kerr
Click for details
AI Summary
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Authorizes the state land department to accept bids through electronic means during public auctions of state lands.
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Limits the department's liability for electronic failures, including failures of bidders' personal electronic means and force majeure events affecting the department's systems.
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Requires the department to include a link or instructions in auction notices for persons to access electronic bidding if offered.
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Mandates the department adopt rules governing online auctions, including procedures for electronic sales, internet access at auction locations, bidder qualification verification, and proof of sufficient funds before bidding.
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Requires the department to post written sale reports on its website and restricts online auctions until rules are adopted under this act.
Legislative Description
State land auctions; electronic means
Public Lands - Title 37
Last Action
Chapter 228
6/21/2024