261 NAC 4-023

261 NAC 4-023. PUBLIC AUCTIONEERS

Last amended: 2022Year: 2026Length: 113 wordsOfficial source

Cite as Neb. Admin. Code tit. 261, ch. 4, ยง 023

023. PUBLIC AUCTIONEERS. In retaining the services of a public auctioneer for the sale at auction of any lands purchased in whole or in part with these funds, the Department shall select a public auctioneer, for the services of such public auctioneer, and over-see the contracting of said auctioneer with the local organization. Selection of the auctioneer shall be the responsibility of the Director of the Department. Fees associated with the appraisal, auctioneer, advertising and notice, and any other fees associated with the sale, provided they are approved by the Department in advance, are eligible for reimbursement from the sale proceeds prior to the disbursement split between the Department and the local organization.
261 NAC 4-023: 261 NAC 4-023. PUBLIC AUCTIONEERS | Justis AI