43 CFR 30.414
§ 30.414 What will be contained in the Order to Submit Bids?
United States · 43 CFR — Public Lands: Interior · Status: effective
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- Citation
- 43 CFR 30.414, § 30.414 What will be contained in the Order to Submit Bids?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/209793
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Full text
For each property for which a request to purchase at probate is pending, the Order to Submit Bids will include:
(a) A finding of the fair market value of the interest to be sold, determined in accord with the appraisal/valuation provided by the BIA under § 30.411;
(b) Information concerning where a copy of the appraisal/valuation may be viewed;
(c) Direction to potential bidders to submit bids to purchase the property that are equal to or greater than the fair market value;
(d) A deadline by which OHA must receive bids from all potential bidders; and
(e) A statement that if no bids are submitted by the deadline, the request to purchase will be denied.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.