Current through Register Vol. 54, No. 45, November 9, 2024
Section 1013.33 - General provisions(a)Sale by sealed bid. The Authority will sell taxicab medallions by sealed bid.(b)Restriction of medallion rights. A medallion offered for sale by the Authority may have restrictions attached to it that will run with the medallion in perpetuity or for a shorter expressed period. The Authority will issue restrictions by order and identify a medallion to which a restriction will apply in the notice of the sale as provided in section 5717(b)(1) of the act (relating to additional certificates and medallions).(c)Separate public sales. Separate sales may be conducted for each medallion to be sold by the Authority.