§200-45  When public auction not required.  Publicauction shall not be required when the appraised value of any vessel is lessthan $5,000, as determined by an independent appraiser who has at least oneyear of experience in the sale or purchase of vessels.  Upon thatdetermination, after public notice of intended disposition has been given atleast once, the department may sell the vessel by negotiation, dispose of it asjunk, or donate the vessel to any governmental agency. [L 1991, c 272, pt of§2; am L 2004, c 70, §4]