Section 11.03.110. Sealed bids.

Latest version.

A disposition of royalty oil, gas, or associated substances by competitive bid will be by sealed bid. The bids must be addressed to the commissioner and must be delivered in the manner, to the place, and by the date and time specified in the invitation to bid. Bids will be opened in public at the date, time, and place specified in the invitation to bid, unless the commissioner designates a later time for opening.

Authorities

38.05.020;38.05.183

Notes

Authority
 AS 38.05.020  
AS 38.05.183  
History Eff. 12/12/80, Register 76; am 8/8/84, Register 91; am 5/22/93, Register 126

                    
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