Sec. 2175.187. DISPOSITION BY DIRECT SALE TO PUBLIC. (a) If the commission determines that selling the property by competitive bid or auction, including a sale using an Internet auction site, would not maximize the resale value of the property to the state, the commission may sell surplus property directly to the public.
(b) The commission shall set a fixed price for the property in cooperation with the state agency that owns the property.
Added by Acts 2001, 77th Leg., ch. 1422, Sec. 11.03, eff. Jan. 1, 2002.
Structure Texas Statutes
Subtitle D - State Purchasing and General Services
Chapter 2175 - Surplus and Salvage Property
Subchapter D. Disposition of Surplus or Salvage Property
Section 2175.181. Applicability
Section 2175.182. State Agency Transfer of Property
Section 2175.1825. Advertising on Commission Website
Section 2175.183. Commission Notice to Other Entities
Section 2175.186. Disposition by Competitive Bidding, Auction, or Direct Sale
Section 2175.187. Disposition by Direct Sale to Public
Section 2175.188. Purchaser's Fee
Section 2175.189. Advertisement of Sale
Section 2175.190. Reporting Sale; Property Accounting Adjustment
Section 2175.191. Proceeds of Sale