Minnesota Statutes 330.10 – Written Contract With Owner or Consignee of Property or Merchandise From Transient Merchants
Current as of: 2023 | Check for updates
|
Other versions
Subdivision 1.Written contract.
Prior to sale at public auction every auctioneer shall enter into a written contract with the owner or consignee of any property to be sold, containing the terms and conditions upon which the sale will be conducted.
Subd. 2.Property from transient merchant.
Terms Used In Minnesota Statutes 330.10
- Contract: A legal written agreement that becomes binding when signed.
Terms Used In Minnesota Statutes 330.10
- Contract: A legal written agreement that becomes binding when signed.
Prior to sale at public auction of any property received or acquired, directly or indirectly, from a transient merchant as defined in section 329.099, the auctioneer shall require proof that section 329.11 has been complied with by the transient merchant with respect to such property; and the auctioneer shall retain such proof for one year.