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REFERENCE TITLE: unclaimed personal property; donation |
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State of Arizona House of Representatives Fifty-second Legislature First Regular Session 2015
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HB 2444 |
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Introduced by Representative Montenegro
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AN ACT
amending section 9-402, Arizona Revised Statutes; relating to municipal powers.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Section 9-402, Arizona Revised Statutes, is amended to read:
9-402. Sale and disposition of property; advertising for bids; publication; donation; easements
A. A city or town may sell and convey all or any part of its real or personal property, whether or not the property is devoted exclusively to public use.
B. The sale shall not be made until an invitation for bids for the purchase of the property has been published as provided by section 39‑204 and notice has been posted in three or more public places within the city or town.
C. If no newspaper is published within the city or town, then the invitation for bids shall be published as provided by section 39‑204, and by posting notices for bidders in three or more public places within the city or town.
D. A city or town may donate lost and found or unclaimed personal property in its custody for at least ninety one hundred days to nonprofit charitable organizations.
E. Notwithstanding subsections A and B of this section, a city or town may convey to the appropriate property owner without receiving payment an easement that the city or town no longer needs.