Determination of fair market value prior to sale

Prior to the sale of any such property as herein authorized, the chief procurement officer shall determine the fair market value of the property to be sold. Acts 1959, ch. 303, § 2; impl. am. Acts 1961, ch. 97, § 5; impl. am. Acts 1972, ch. 543, § 7; T.C.A., § 12-223; Acts 1992, ch. 713, § 4; 2011, ch. 295, § 9(a). Prior to the sale of any such property as herein authorized, the chief procurement officer shall determine the fair market value of the property to be sold. Acts 1959, ch. 303, § 2; impl. am. Acts 1961, ch. 97, § 5; impl. am. Acts 1972, ch. 543, § 7; T.C.A., § 12-223; Acts 1992, ch. 713, § 4; 2011, ch. 295, § 9(a).