7-8-2218. Procedure if property not sold at public auction. After notice and appraisal are given as provided in 7-8-2212 and 7-8-2214, if no bid or offer is made for any property offered for sale at public auction, the board of county commissioners may, at any time after the auction, sell the property at private sale and may at the private sale accept as the purchase price an amount not less than 70% of the appraised value of the property.
History: En. Subd. 10, Sec. 1, Ch. 100, L. 1931; re-en. Sec. 4465.9, R.C.M. 1935; amd. Sec. 1, Ch. 30, L. 1953; amd. Sec. 1, Ch. 110, L. 1957; amd. Sec. 1, Ch. 120, L. 1967; amd. Sec. 1, Ch. 284, L. 1975; R.C.M. 1947, 16-1009(part); amd. Sec. 3, Ch. 547, L. 1983; amd. Sec. 6, Ch. 18, L. 1995.
Structure Montana Code Annotated
Chapter 8. Acquisition, Transfer, and Management of Property and Buildings
Part 22. Acquisition, Transfer, and Management of County Property
7-8-2201. Authorization for county to obtain personal property
7-8-2203. through 7-8-2209 reserved
7-8-2211. Authorization to sell and exchange county property
7-8-2212. Notice of sale and public auction required for certain sales
7-8-2214. Appraisal required for certain sales
7-8-2215. Procedure to challenge appraised value
7-8-2216. Sale of county property to school district
7-8-2217. Procedure for sale of property of lesser value
7-8-2218. Procedure if property not sold at public auction
7-8-2220. Use of proceeds of property disposition
7-8-2221. through 7-8-2230 reserved
7-8-2231. Authorization to lease county property