01 NCAC 43A .0313         REFUNDS

(a)  No refund shall be made upon the following:

(1)           property not meeting the bidder's expectation;

(2)           bidder's failure to inspect prior to sale; or

(3)           change of condition of property from the time of award to the time of pickup.

(b)  No refund shall be given unless a change in value has occurred from the initial inspection of the property until the time of the award as determined by the State Surplus Property Officer based on condition of the property.

 

History Note:        Authority G.S. 143-64.01; 143-64.04;

Eff. June 1, 2007;

Readopted Eff. November 1, 2019.