Current through Register Vol. 54, No. 44, November 2, 2024
Section 45.25 - Procedure for auction cashiersUpon the sale of items of surplus State property at public auction, the auction cashier shall proceed in the following manner:
(1) Accept and receipt payment of purchase by stamping or writing "Payment Received" on all copies of the Property Transfer/Sale Slips. Return Copy No. 3 to the purchaser as a receipt and property pass. Payment by check in excess of $50 shall be certified.(2) Hold Copies No. 1 and No. 2 of the Property Transfer/Sale Slips with appropriate Surplus State Property Identification Tags and all moneys receipted from sales transactions, for pick-up by the designated representative of the Division or the auctioneer.