§4711.1. Sale of surplus property over Internet

A. A political subdivision may, through Internet computer auction:

(1) Sell surplus property through the use of electronic technology including Internet websites that facilitate such sales.

(2) Pay any costs associated with the sale from the proceeds of such sale.

(3) Sell surplus property through any form of electronic technology, including Internet websites created expressly for that purpose whether privately or publicly owned.

B. As used in this Section, the following definitions shall apply:

(1) "Internet" means the global information system that is logically linked together by a globally unique address space based on the Internet protocol or its subsequent extensions, is able to support communications using the transmission control protocol/Internet protocol suite or its subsequent extensions, and other Internet protocol compatible protocols, and provides, uses or makes accessible, either publicly or privately, high level services layered on the communications and related infrastructure described herein.

(2) "Internet computer auction" means the sale by auction that takes place when offers are placed through the use of electronic technology including the Internet and the thing is sold to the qualified bidder who offers the highest price.

(3) "Surplus property" means tangible non-consumable movable property owned by a political subdivision, the governing authority of which has determined is no longer needed for public purposes.

Acts 2006, No. 619, §1.