§ 53-8-20 - (Pre-1998 Probate Code) Time and manner of public sales; requirement of good faith - Georgia Statutes

O.C.G.A. 53-8-20 (2010)
53-8-20. (Pre-1998 Probate Code) Time and manner of public sales; requirement of good faith

All public sales made by administrators or executors shall be at public outcry. Beginning at 10:00 A.M. eastern standard time or eastern daylight time, whichever is applicable, or as soon thereafter as practicable, each sale shall be made following any other sale at public outcry, without undue delay. All sales shall be concluded prior to 4:00 P.M. eastern standard time or eastern daylight time, whichever is applicable, unless a different time shall be advertised. No sale shall be continued from day to day unless so advertised. Good faith is required by the administrator or executor in all cases so that the property may be sold in such manner and quantities as shall be deemed most advantageous to the estate.