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MS SB2137
Bill
AI Summary
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Revises requirements for airport authorities selling personal property through internet web services by specifying the information that must be published in public newspapers for three consecutive weeks.
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Requires newspaper notices to include the authority's intention to sell via internet, the website location where property will be listed, and the listing and closing dates of the internet sale.
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Allows airport authorities to relist and resell personal property on the same internet web service without public notice if an internet sale is not concluded for any reason.
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Applies to sales conducted for cash or irrevocable electronic transfer of funds to the highest bidder, with all internet sales required to comply with federal law.
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Becomes effective July 1, 2014.
Legislative Description
Airport authorities; remove requirement that notice Internet sales of airport property be published in a newspaper.
Last Action
Approved by Governor
4/23/2014