40:23-27 - Advertisement for bids where value exceeds $1,000
40:23-27.Ā Advertisement for bids where value exceeds $1,000
Whenever it is reasonably apparent that the value of such personal property,Ā except live stock, about to be disposed of at any one time or in the course ofĀ any one transaction is likely to exceed one thousand dollars ($1,000.00), theĀ board of chosen freeholders shall publicly advertise for bids in the mannerĀ provided in section 40:25-8 of this Title and shall sell the property to theĀ highest bidder.
Amended by L.1947, c. 106, p. 532, s. 1, eff. May 6, 1947.
Ā
Whenever it is reasonably apparent that the value of such personal property,Ā except live stock, about to be disposed of at any one time or in the course ofĀ any one transaction is likely to exceed one thousand dollars ($1,000.00), theĀ board of chosen freeholders shall publicly advertise for bids in the mannerĀ provided in section 40:25-8 of this Title and shall sell the property to theĀ highest bidder.
Amended by L.1947, c. 106, p. 532, s. 1, eff. May 6, 1947.
Ā