---
urn: urn:us-la:rs:9:3151
citation: "R.S. 9:3151"
status: active
breadcrumb: "Title 9 › Code Preliminary Title › Code Book III › Code Title VII › Chapter 6 › Part I"
acts_citations:
---

# Sale by auction, definition

The sale by auction is that which takes place when the thing is offered publicly to be sold to whoever will give the highest price.

Redesignated by Acts 1993, No. 841, §2, eff. Jan. 1, 1995.