10.0157 Sales contracts-Notice of award Storage charges.

Cite as [A.S.A.C. § 10.0157]

(a) The sales contract and notice of award shall be issued as promptly as possible after review and shall specify the final date or dates for payment and removal of the property.

(b) In the event a purchaser fails to remove all property awarded within the specified removal period, the same shall be stored and daily storage charges thereon shall accrue at the rate of $25.

(c) In all instances when storage charges are assessed, payment will be made by the purchaser prior to the removal of the property unless otherwise authorized.

History: Rule 3-78, eff 17 Apr 78, 300 GASM § 10.8.