Tennessee § 12-2-206 - Rejection of bids — Readvertisement.
Full text of Tennessee Tennessee Code Annotated § 12-2-206 — Rejection of bids — Readvertisement., with citation guidance and answers to common questions.
§ 12-2-206. Rejection of bids — Readvertisement.
Any and all bids received by the chief procurement officer for any of the property to be sold hereunder may be rejected by the chief procurement officer, and the property may be readvertised for sale when, in the opinion of the chief procurement officer, no bid had been received commensurate with the fair market value of the property offered for sale. Acts 1959, ch. 303, § 2; impl. am. Acts 1961, ch. 97, § 5; T.C.A., § 12-224; Acts 2011, ch. 295, § 9(e).
Source: official Tennessee text · Last verified 2026-08-27
Frequently Asked Questions About Tennessee § 12-2-206
What does Tennessee Code Annotated § 12-2-206 cover?
Section 12-2-206 ("Rejection of bids — Readvertisement.") is part of the Tennessee Code Annotated, the codified statutory law of Tennessee. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Tennessee § 12-2-206?
A common citation format is "Tennessee Code Annotated § 12-2-206" (Tennessee). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Tennessee law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Tennessee official source linked on this page or consult a licensed Tennessee attorney.
How does Tennessee § 12-2-206 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Tennessee can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Tennessee.