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7-2-328
Section 7-2-328 Sale by auction. (1) In a sale by auction if goods are put up in lots each
lot is the subject of a separate sale. (2) A sale by auction is complete when the auctioneer
so announces by the fall of the hammer or in other customary manner. Where a bid is made while
the hammer is falling in acceptance of a prior bid the auctioneer may in his discretion reopen
the bidding or declare the goods sold under the bid on which the hammer was falling. (3) Such
a sale is with reserve unless the goods are in explicit terms put up without reserve. In an
auction with reserve the auctioneer may withdraw the goods at any time until he announces
completion of the sale. In an auction without reserve, after the auctioneer calls for bids
on an article or lot, that article or lot cannot be withdrawn unless no bid is made within
a reasonable time. In either case a bidder may retract his bid until the auctioneer's announcement
of completion of the sale, but a bidder's retraction does not revive...
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16-13-96
Section 16-13-96 Sale - Generally. All warrants issued hereunder shall be sold to the highest
bidder at public sale unless sold at a better price within 30 days after failure to receive
any acceptable bid at a duly advertised public sale in accordance with this section. A public
sale shall be either on sealed bids or at auction. Bidders may be invited to name the rate
or rates of interest which the warrants are to bear or the board of education may name a rate
or rates of interest and invite bids thereon. The notice of a public sale shall state whether
the sale is to be on sealed bids or at auction and shall also state the amount of the warrants
to be sold, the maturities thereof, whether county or district tax is to be pledged, the amount
payable at each maturity and either the rate or rates of interest which the warrants are to
bear or that the bidders are invited to name the rate or rates of interest and shall also
state the time and place of the meeting of the board of education at...
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34-4-2
Section 34-4-2 Definitions. For the purposes of this chapter, the following words and phrases
shall have the meanings respectively ascribed by this section: (1) AUCTIONEER. Any person
who has graduated from an accredited auction school and has one year's experience as an apprentice
auctioneer or has two years' experience as an apprentice auctioneer in bid calling, for a
fee, commission or any other valuable consideration, or with the intention or expectation
of receiving the same, by the means of or process of an auction or sale at auction, offers,
negotiates, or attempts to negotiate a listing contract, sale, purchase, or exchange of goods,
chattels, merchandise, real or personal property or of any other commodity which may lawfully
be kept or offered for sale by or at public auction. (2) BOARD. The State Board of Auctioneers.
(3) APPRENTICE AUCTIONEER. Any person who for compensation or valuable consideration or otherwise
is employed, directly or indirectly, by an auctioneer to deal...
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41-16-123
Section 41-16-123 Provisions applicable to certain property held by division. This section
shall apply only to that property that has been held by the division for a period of not less
than 60 days from the date the property is first published in the list of surplus property,
as set out in subsection (b) of Section 41-16-121, and not purchased by any eligible entity
as set out in subsection (e) of Section 41-16-120 as follows: (1) All contracts made by or
on behalf of the State of Alabama or a department, board, bureau, commission, institution,
corporation, or agency thereof, of whatever nature for the sale or disposal of tangible personal
property owned by the State of Alabama, other than the following: a. Alcoholic beverages.
b. Products of the Alabama Institute for Deaf and Blind. c. Barter arrangements of the state
prison system. d. Books. e. School supplies. f. Food. g. Property used in vocational projects.
h. Livestock. i. Property owned by any state college or university,...
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9-15-76
Section 9-15-76 Binders. Each person or corporation submitting a bid on real property or an
interest therein to be sold or leased by the State of Alabama under this article shall present
with his or her bid, payable to the Lands Division of the state Department of Conservation
and Natural Resources, a certified check or bank cashier's check in the amount to be determined
by the Lands Division not to exceed 20 percent of his or her bid, as a binder on the real
property upon which he or she has bid. If the property is being sold at public auction, the
Lands Division shall determine the amount of the binder required. The binder shall be forfeited
by the person or corporation to whom the bid is awarded if the person or corporation does
not complete purchase by presenting to the state a cashier's check or certified check for
the amount due less the amount of the binder previously submitted on the real property within
30 days after receiving notice in writing that he or she is the successful...
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40-29-26
Section 40-29-26 Sale of seized property. (a) Notice of seizure. As soon as practicable after
seizure of property, notice in writing shall be given by the Commissioner of Revenue or his
delegate to the owner of the property (or, in the case of personal property, the possessor
thereof), or shall be left at his usual place of abode or business. If the owner cannot be
readily located, or has no dwelling or place of business within the state, the notice may
be mailed to his last known address. Such notice shall specify the sum demanded and shall
contain, in the case of real property, a description with reasonable certainty of the property
seized. (b) Notice of sale. The commissioner or his delegate shall as soon as practicable
after the seizure of the property give notice to the owner, in the manner prescribed in subsection
(a), and shall cause a notification to be published in some newspaper published or generally
circulated within the county wherein such seizure is made, or if there be...
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2-5A-1
Section 2-5A-1 Establishment; powers and duties. (a) The Farmers' Market Authority is established
in the Department of Agriculture and Industries. The authority shall have the powers and duties
to establish agricultural markets to prevent waste and to provide marketing facilities where
farm products, including fruits, vegetables, nuts, truck crops, and other agricultural commodities,
and fish products, including, but not limited to, farm-raised fish, shellfish, and wild fish,
may be processed, graded, packaged, displayed, or exhibited in order to encourage the buying
and selling of the commodities, and to encourage the public interest, thus promoting good
will between the rural and urban sectors of the State of Alabama. The Commissioner of the
Department of Agriculture and Industries, with approval of the Board of Agriculture and Industries,
may procure by purchase, lease, rent, gift, or otherwise, necessary market sites in this state
on which to conduct farmers' markets. (b)...
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45-36-252.06
Section 45-36-252.06 Bonds of the authority; obligations. (a) In addition to all other powers
now or hereafter granted by law, the authority shall have the following powers, together with
all powers incidental thereto or necessary to the discharge thereof in corporate form: (1)
To sell and issue bonds of the authority in order to provide funds for any corporate function,
use, or purpose, any such bonds to be payable solely out of one or more of the following:
a. Any or all proceeds or receipts from the privilege, license, or excise tax levied on the
sale, distribution, storage, use, or consumption of tobacco and certain tobacco products in
Jackson County by Section 45-36-247. b. Any or all proceeds from any tax received by the Jackson
County Commission which are required by law to be deposited to the credit of the Jackson County
Water Authority. c. The revenues derived from any water, sewer, or garbage system or facility
of the authority. (2) To pledge for payment of any bonds issued...
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