California Law (Last Updated: March 4, 2014) |
Revenue and Taxation Code - RTC |
Division 1. PROPERTY TAXATION |
Part 6. TAX SALES |
Chapter 7. Sale to Private Parties After Deed to State |
Section 3692.2.
Latest version.
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A public auction conducted by electronic media, including the Internet, to sell property under this chapter shall have at least the following operational components:
(a) A component that allows bids to be submitted by computer.
(b) A component that authorizes the tax collector to accept bids for as long as he or she deems necessary.
(Added by Stats. 2004, Ch. 194, Sec. 14. Effective January 1, 2005.)