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Texas Auction Laws

15 laws

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A bid is only an Offer and does not Alone Create a Contract

The Texas Court of Appeals of the Eleventh District, Eastland in Peterson v. NCNB Tex. Nat'l Bank, 862 S.W.2d 182 (Tex. App. Eastland 1993) held that an auction sale contract is created only when a bid is accepted by the...

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An Auction Advertisement Which States That The Goods will be Offered to the Highest Bidder Does not Indicate That the Auction is “Without Reserve”

The Court of Appeals of Texas in Specialty Maintenance & Constr. v. Rosen Sys., 790 S.W.2d 835 (Tex. App. 1990) held that a statement in an auction advertisement which states that the goods will be offered "to the highes...

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Auction of Real Estate

Texas Statutes Occupations Code Title 7. Practices And Professions Related To Real Property And Housing Subtitle A. Professions Related To Real Estate Chapter 1101. Real Estate Brokers And Salespersons Subchapter A. Gene...

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Auction of Real Estate-Texas

Note: amended

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Commission's Power to Use Reverse Auction to Purchase Goods and Services for the State of Texas

Administrative regulation regarding the use of reverse auction procedure adopted by the commission as a method of purchasing goods and services in Texas. Texas Administrative Code Title 34. PUBLIC FINANCE Part 1. COMPTRO...

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Disposition of Surplus or Salvage property by Competitive Bidding, Auction, Or Direct Sale – Texas Law

Texas Statutes Government Code Title 10. General Government Subtitle D. State Purchasing And General Services Chapter 2175. Surplus And Salvage Property Subchapter D. Disposition Of Surplus Or Salvage Property § 2175.186...

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In an Auction with Reserve the Auctioneer May Withdraw the Goods at Any Time Before the Completion of Sale

Court of Appeals in Texas in McDonald v. The Boat Barn, 994 S.W.2d 763 (Tex. App. Houston 1st Dist. 1999) held that in an auction ‘with reserve’ the auctioneer may withdraw the goods from sale at any time until the aucti...

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Notice Requirements for County’s Disposition of Salvage or Surplus Property – Texas Law

Texas Statutes Local Government Code Title 8. Acquisition, Sale, Or Lease Of Property Subtitle B. County Acquisition, Sale, Or Lease Of Property Chapter 263. Sale Or Lease Of Property By Counties Subchapter D. Dispositio...

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Sale of Personal Property Seized for Failure to Pay Personal Property Tax

Texas Statutes Tax Code Title 1. Property Tax Code Subtitle E. Collections And Delinquency Chapter 33. Delinquency Subchapter B. Seizure Of Personal Property Current through the 2013 Regular and Special Sessions § 33.25....

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Sale of Seized Weapons

Texas Statutes Code of Criminal Procedure Title 1. Code Of Criminal Procedure Chapter 18. Search Warrants Current through the 2013 Regular and Special Sessions Article 18.19. Disposition Of Seized Weapons (a) Weapons sei...

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School District’s Authority to Use Reverse Auction Conducted by a Third Party to Purchase Personal Property Valued Above $10,000 - Texas Law

Texas Attorney General Opinion 2009. AGO GA-0705. April 8, 2009 Mr. Robert Scott Commissioner of Education Texas Education Agency 1701 North Congress Avenue Austin, Texas 78701-1494 Opinion No. GA-0705 Re: Authority of a...

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Texas Facilities Commission’s Power to Sell State Surplus and Salvage Property by Auction

Texas Administrative Code Title 1. ADMINISTRATION Part 5. TEXAS FACILITIES COMMISSION Chapter 126. SURPLUS AND SALVAGE PROPERTY PROGRAMS Subchapter A. STATE SURPLUS AND SALVAGE PROPERTY § 126.5. Disposition of Surplus an...

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Texas Law on Temporary Charitable Auction Permit

Texas Statutes Alcoholic Beverage Code Title 3. Licenses And Permits Subtitle A. Permits Chapter 53. Temporary Charitable Auction Permit § 53.001. Authorized Activities The holder of a temporary charitable auction permit...

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Transportation Dept. May Purchase at Auction

Texas Statutes Transportation Code Title 6. Roadways Subtitle K. Mass Transportation Chapter 460. Coordinated County Transportation Authorities Subchapter F. Management Of Authority Current through the 2013 Regular and S...

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When Sale of Auction Lot Final Texas

Texas Statutes and Codes Annotated Business and Commerce Code (Refs & Annos) Title 1. Uniform Commercial Code (Refs & Annos) Chapter 2. Sales (Refs & Annos) Subchapter C. General Obligation and Construction of Contract §...

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