Code of Federal Regulations (Last Updated: July 5, 2024) |
Title 43 - Public Lands: Interior |
Subtitle A - Office of the Secretary of the Interior |
Part 30 - Indian Probate Hearings Procedures |
Subpart G - Purchase at Probate |
§ 30.174 - What happens if the successful bidder does not pay within 30 days?
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§ 30.174 What happens if the successful bidder does not pay within 30 days?
(a) If the successful bidder fails to pay the full amount of the bid within 30 days, the sale will be canceled and the interest in the trust or restricted property will be distributed as determined by the judge.
(b) The time for payment may not be extended.
(c) Any partial payment received from the successful bidder will be returned.