30-11-501. Sale by auction defined. A sale by auction is a sale by public outcry to the highest bidder on the spot.
History: En. Sec. 2410, Civ. C. 1895; re-en. Sec. 5122, Rev. C. 1907; re-en. Sec. 7625, R.C.M. 1921; Cal. Civ. C. Sec. 1792; Field Civ. C. Sec. 896; re-en. Sec. 7625, R.C.M. 1935; Sec. 66-213, R.C.M. 1947; redes. 74-701 by Sec. 1, Ch. 263, L. 1977; R.C.M. 1947, 74-701.
Structure Montana Code Annotated
Part 5. Auction Sales and Auctioneers
30-11-501. Sale by auction defined
30-11-503. Sale under written conditions
30-11-504. Auctioneer's memorandum of sale
30-11-506. Auctioneer's authority from the seller
30-11-507. Auctioneer's authority from the bidder
30-11-508. Auctioneer -- authority and bond
30-11-509. Reciprocal privileges to nonresident auctioneers
30-11-510. Bond and sureties -- approval -- filing
30-11-511. Auctioneers ex officio
30-11-512. Assistant -- who may act and when
30-11-513. Auctioneers to designate one place of business -- partners