569.3 Amount of bid.
When real estate is sold as above provided, the fair and reasonable value shall be bid therefor, unless in excess of the judgment, interest, costs, and accruing costs, in which case the bid shall be for such sum only.
[C73, §1912; C97, §2896; C24, 27, 31, 35, 39, §10248; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §569.3]
Structure Iowa Code
Chapter 569 - ACQUISITION OF TITLE BY STATE OR MUNICIPAL CORPORATIONS
Section 569.1 - Right to receive conveyance.
Section 569.2 - Bidding in at execution sale.
Section 569.3 - Amount of bid.
Section 569.4 - Costs and expenses.
Section 569.6 - Costs, expenses and proceeds.