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New Jersey Statutes, Title: 40, MUNICIPALITIES AND COUNTIES
Chapter 23: Books and stationery for county officers
Section: 40:23-27: Advertisement for bids where value exceeds $1,000
Whenever it is reasonably apparent that the value of such personal property, except live stock, about to be disposed of at any one time or in the course of any one transaction is likely to exceed one thousand dollars ($1,000.00), the board of chosen freeholders shall publicly advertise for bids in the manner provided in section 40:25-8 of this Title and shall sell the property to the highest bidder.
Amended by L.1947, c. 106, p. 532, s. 1, eff. May 6, 1947.
This section added to the Rutgers Database: 2012-09-26 13:37:51.
Older versions of 40:23-27 (if available):
Court decisions that cite this statute:
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