Okla. Stat. tit. 19, § 19-344
This is the official text of Okla. Stat. tit. 19, § 19-344, part of Oklahoma’s Stat. tit. 19, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 19,." Browse the sections below, each linked to its official government source.
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Sale of real estate – Public auction or sealed bids
Official statutory text
A. The sale of the real estate may be by public auction held at
the county courthouse or at the site of the real property being sold
at the time advertised or by sealed bids. Sealed bids for the real
estate shall be in writing, sealed and delivered to the county clerk
of such county. The county clerk shall preserve the bids unopened
until the next regular meeting of the board of county commissioners
after the expiration of fifteen (15) days from the date of the first
publication, at which the board of county commissioners shall open
such bids and award the real estate to the highest and best bidder
for the real estate.
B. The real estate shall not be sold for less than eighty
percent (80%) of its appraised value, and the boards of county
commissioners shall have the power to reject any and all bids.
C. Proceeds from the sale of the property shall be deposited to
the account from which the property was purchased.
R.L. 1910, § 1605. Amended by Laws 1976, c. 92, § 2, emerg. eff.
May 6, 1976; Laws 2001, c. 231, § 3, eff. Nov. 1, 2001; Laws 2006,
c. 255, § 3, eff. Nov. 1, 2006.
the county courthouse or at the site of the real property being sold
at the time advertised or by sealed bids. Sealed bids for the real
estate shall be in writing, sealed and delivered to the county clerk
of such county. The county clerk shall preserve the bids unopened
until the next regular meeting of the board of county commissioners
after the expiration of fifteen (15) days from the date of the first
publication, at which the board of county commissioners shall open
such bids and award the real estate to the highest and best bidder
for the real estate.
B. The real estate shall not be sold for less than eighty
percent (80%) of its appraised value, and the boards of county
commissioners shall have the power to reject any and all bids.
C. Proceeds from the sale of the property shall be deposited to
the account from which the property was purchased.
R.L. 1910, § 1605. Amended by Laws 1976, c. 92, § 2, emerg. eff.
May 6, 1976; Laws 2001, c. 231, § 3, eff. Nov. 1, 2001; Laws 2006,
c. 255, § 3, eff. Nov. 1, 2006.
Status: in_force · Read it on the official government site
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