27 CFR 72.62 - All bids on unit basis.

§ 72.62 All bids on unit basis.
All competitive bids, whether sealed or otherwise, shall be on a unit basis, i.e. if a number of forfeited automobiles are advertised for sale at the same date, hour and place, whether or not in the same notice of sale, there shall be a separate, individual bid required as to each automobile, and it shall not be permissible to accept one blanket bid to cover the entire group of cars offered for sale.

Title 27 published on 2014-04-01

no entries appear in the Federal Register after this date.

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