At any time before or after announcing the highest bid and bidder at an auction, the department will reject all auction bids if the department determines that rejection is in the best interest of the state. Within ten days after rejecting all bids under this section, the department will state the reasons for that decision in writing and mail or deliver a copy of that writing to all bidders.

(Eff. 3/28/2002, Register 161)

Authority: AS 02.15.020, AS 02.15.060, AS 02.15.070, AS 02.15.090