7(5 STATE LAND LAWS 



SECS. 83-84 SALES. 



SEC. 83. TERMS OF SALE. 



All state lands shall be sold on the following terms: One- 

 tenth to be paid on the date of sale, and one-tenth annually 

 thereafter on the first day of March in each year until the full 

 purchase price has been paid: Provided, That any purchaser 

 may make full payment at any time. All deferred payments 

 shall draw interest at the rate of six per cent, per annum. The 

 first installment of interest shall become due and payable on the 

 first day of March, next after the date of sale, and thereafter 

 all interest shall become due and payable annually on the first 

 day of March in each year. All remittances for payment of 

 either principal or interest must be forwarded to the Commis- 

 sioner of Public Lands. (Laws '97, p. 240, sec 16 ; amended, 

 Laws '07, p. 749, sec. 3; sec. 6675 Rem.-Bal. ; 477 sec. 67 

 Pierce.) 



Former Laws: Laws '89-'90, p. 443, sec. 12; Laws '93, p. 394, sec. 

 18; Laws '95, p. 538, sec. 25. 



Sale of timber and materials: sec 71, ante. 



Contract of sale and deed: sec. 106 et seq., post. 



Cited : 20 Wash. 152. 



Under sec. 106, post, interest runs from date of issuance of contract and not 

 from date of sale : Opinion Att'y Gen'l, Mar. 17, '13. 



SEC. 84. CONFIRMATION OF SALE. 



The members of said board of appraisers, or the county 

 auditor conducting the sale, shall, upon making sale of any 

 school lands, or stone, mineral or timber thereon, report such sale 

 to the said board of appraisers, as provided in section 82, to- 

 gether with other information touching the same, as the said 

 board shall have prescribed, and within [after] ten days from the 

 date of the reception of such report by the Commissioner of Pub- 

 lic Lands, if no affidavit showing that the interest [s] of the state 

 in such sale were injuriously affected by fraud or collusion shall 

 have been filed with said board, and it shall appear from such 

 report that the sale was fairly conducted, and that the pur- 

 chaser was the highest bidder at such sale, and that his bid was 

 not less than the appraised value of the property sold, and if 

 the said Board of State Land Commissioners shall be satisfied 



