21 Miss. Code. R. 301-14.1
Current through December 10, 2024
The Board hereby delegates to the Claims Manager the authority to dispose of all salvage obtained in the settlement or payment of any tort claim at fair market value by such means and upon such terms as the Claims Manager may think best. Provided, however, that prior to any sale of such salvage the Claims Manager shall ascertain the fair market value of such salvage by requesting offers from at least three salvage yards and shall then sell such salvage to the highest and best offer. All proceeds from the sale of such salvage shall be deposited in the Tort Claims Fund.
21 Miss. Code. R. 301-14.1