Appraisal done in Washington and Transfer of Authority


West's Revised Code of Washington Annotated
Title 79. Public Lands 
Chapter 79.15. Sale of Valuable Materials
Part 1--General Provisions
Effective: July 26, 2009 to December 31, 2018

79.15.060. Date of sale limited by time of appraisal--Transfer of authority (Expires January 1, 2019 )

(1) For the sale of valuable materials under this chapter, if the board is required by law to appraise the sale, the board must establish a minimum appraisal value that is valid for a period of one hundred eighty days, or a longer period as may be established by resolution. The board may reestablish the minimum appraisal value at any time. For any valuable materials sales that the board is required by law to appraise, the board may by resolution transfer this authority to the department.
(2) Where the board has set a minimum appraisal value for a valuable materials sale, the department may set the final appraisal value of valuable materials for auction, which must be based on current market prices. The department may also appraise any valuable materials sale not required by law to be approved by the board.

Cite as RCW 79.15.060

West's Revised Code of Washington Annotated
Title 79. Public Lands 
Chapter 79.15. Sale of Valuable Materials
Part 1--General Provisions
Effective: January 1, 2019 

79.15.060. Date of sale limited by time of appraisal--Transfer of authority (Effective January 1, 2019)

(1) For the sale of valuable materials under this chapter, if the board is required by law to appraise the sale, the board must establish a minimum appraisal value that is valid for a period of one hundred eighty days, or a longer period as may be established by resolution. The board may reestablish the minimum appraisal value at any time. For any valuable materials sales that the board is required by law to appraise, the board may by resolution transfer this authority to the department.
(2) Where the board has set a minimum appraisal value for a valuable materials sale, the department may set the final appraisal value of valuable materials for auction, which must be equal to or greater than the board's minimum appraisal value. The department may also appraise any valuable materials sale not required by law to be approved by the board.

Cite as RCW 79.15.060

 

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