79.15.060 - Date of sale limited by time of appraisal -- Transfer of authority.

Date of sale limited by time of appraisal — Transfer of authority. (Expires January 1, 2014.)

(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.

[2009 c 418 § 4; 2003 c 334 § 329.]

Notes: Findings -- Intent -- Expiration date -- 2009 c 418: See notes following RCW 79.15.510.

Intent -- 2003 c 334: See note following RCW 79.02.010.

RCW 79.15.060

Date of sale limited by time of appraisal — Transfer of authority. (Effective January 1, 2014.)

(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.

[2003 c 334 § 329.]

Notes: Intent -- 2003 c 334: See note following RCW 79.02.010.