Rhode Island General Laws — Title 44 (Taxation)
R.I. Gen. Laws § 44-21-4
Bidding on part of property to be sold
Official textwebserver.rilegislature.govlast amended
Whenever any sale or bidding is made at public auction in regard to any real estate or in regard to any goods, wares, merchandise or other personal property, upon any less quantity than the whole, for the purpose of fixing the price of any larger quantity or of the whole, the whole amount of the property sold, transferred, contracted for or negotiated by the terms and conditions of the auction is subject to a duty as if the whole has been set up and sold by auction.
Amendment history
History of Section. G.L. 1896, ch. 159, § 14; G.L. 1909, ch. 188, § 14; G.L. 1923, ch. 216, § 14; G.L. 1938, ch. 337, § 14; G.L. 1956, § 44-21-4.
Source: view the official text
In this chapter (9 sections)
- 44-21-1 · Sales subject to duty
- 44-21-2 · Duty imposed â Apportionment between state and city or town
- 44-21-3 · Amount on which duty based â Retention and payment by…
- 44-21-4 · Bidding on part of property to be sold
- 44-21-5 · Purchase by auctioneer or original owner
- 44-21-6 · Accounts rendered by auctioneers
- 44-21-7 · Oath to auctioneerâs account
- 44-21-8 · Payments to general and city or town treasurers
- 44-21-9 · Forfeiture for neglect of duty by auctioneer