Kan. Admin. Regs. § 30-27-2 - Bidders; notice; form of bids

Legal notice to bidders for lease of designated oil, gas and other mineral lands shall be advertised for not less than five weeks in the Kansas register and shall be published in the county where the land is situated. The secretary shall accept the highest and optimum bid from a responsible bidder and shall reserve the right to reject any and all bids and to readvertise. Separate sealed bids for each tract of land shall be prepared on forms supplied by and filed with the secretary of social and rehabilitation services, and shall conform with the terms contained in the publication notice. A certified check or bank draft in the amount of the bid and payable to the secretary shall accompany all bids. The successful bidder may be required to pay publication costs before the awarded lease is executed.

Notes

Kan. Admin. Regs. § 30-27-2
Authorized by and implementing K.S.A. 76-112, 76-112e; effective, E-74-26, May 1, 1974; effective May 1, 1975; amended May 1, 1983.

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