Michigan Auction and Auctioneer Laws
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A Property may be Removed From Public Auction Before the Auction Begins
The Michigan Court of Appeals stated that the general rule relating to auction sale is that property may be removed from an auction until bidding has commenced. J & L Inv. Co., LLC v. Department of Natural Resources, 233 Mich. App. 544, 548 (Mich. Ct. App. 1999) [Anno: Withdrawal of property from auction sale], 37 ALR2d 1049. However, for reserve auction, the seller may remove property up to t...
Auctioneers in Michigan
Chapter 446. Business Regulations Business Regulation (Refs & Annos) Auctioneers and Duties Upon Sales at Auctions 446.26. Auctioneer; bond, delivery to county treasurer 446.27. Term of auctioneer 446.28. Statement on oath; time, contents 446.29. Statement on oath; delivery to county treasurer, payment of duties, record 446.30. Forwarding statement to state treasurer; payment over of du...
Items 1 - 2 of 2
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Items 1 - 2 of 2
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