Amendment status not verified — confirm the current text below against the official source.
Officers of Land Development Bank and Sale Officers not to bid at sale.- At any sale of movable or immovable property, held under the provisions of this Chapter, no officer or employee of the Land Development Bank, except on behalf of the bank of which he is an officer or an employee, and no person having any duty to perform in connection with such sale, shall either directly or indirectly bid for or acquire or attempt to acquire any interest in such property.