Washington § 79.140.050 - Sale by public auction/sealed bid — Exception.

Full text of Washington Revised Code of Washington § 79.140.050 — Sale by public auction/sealed bid — Exception., with citation guidance and answers to common questions.

§ 79.140.050. Sale by public auction/sealed bid — Exception.

All sales of valuable materials shall be at public auction or by sealed bid to the highest responsible bidder, on the terms prescribed by law and as specified in the notice provided, and no land or materials shall be sold for less than their appraised value. However:
(1) When valuable material has been appraised at an amount not exceeding one hundred thousand dollars, the department, when authorized by the board, may arrange for the sale at public auction of said valuable material and for its removal under such terms and conditions as the department may prescribe, after the department shall have caused to be published not less than ten days prior to sale a notice of such sale in a newspaper of general circulation located nearest to the property to be sold;
(2) Any sale of valuable material on state-owned aquatic lands of an appraised value of ten thousand dollars or less may be sold directly to the applicant for cash without notice or advertising.
[ 2005 c 155 s 805. FORMERLY PART OF RCW 79.90.210.]

Notes

Sales of aquaculture products by a leaseholder: RCW 79.135.040.

Source: official Washington text · Last verified 2026-08-27

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Frequently Asked Questions About Washington § 79.140.050

What does Revised Code of Washington § 79.140.050 cover?

Section 79.140.050 ("Sale by public auction/sealed bid — Exception.") is part of the Revised Code of Washington, the codified statutory law of Washington. 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 Washington § 79.140.050?

A common citation format is "Revised Code of Washington § 79.140.050" (Washington). 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 Washington law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Washington official source linked on this page or consult a licensed Washington attorney.

How does Washington § 79.140.050 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Washington 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 Washington.