WebHere's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After … Web(7) Sale at auction of automobiles conducted under the provisions of G.S. 20-77, or sale at auction of motor vehicles by a motor vehicle dealer licensed under Article 12, Chapter 20 of the General Statutes; (8) Sale at auction of a particular breed …
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Chapter 85B. Auctions and Auctioneers. § 85B-1. Definitions.
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