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Federal Auction and Auctioneer Laws

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Sale of Seized Property by IRS by Auction

The sale of seized property by the IRS shall be by public auction or sealed bids. 26 USC 6335 26 USC 7325


Added On: 22-Nov-2013

Employment of Auctioneer by Bankruptcy Trustee

A trustee in Bankruptcy may employ an auctioneer with the approval of the Bankruptc Court to sell property of the debtor.  11 USC Section 327. §327. Employment of professional persons (a) Except as otherwise provided in this section, the trustee, with the court's approval, may employ one or more attorneys, accountants, appraiser, auctioneers, or other professional persons, that do ...


Added On: 22-Nov-2013

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