§ 9539 Minimum Bid Requirements

• •You can't bid less than the total amount owed on a property, including penalties.
• •Instead of cash, you can pay with certain bonds or coupons from the drainage district if they are due or will be due within a year.

You want to buy a piece of land at an auction, but you don't have enough cash.

You can't bid less than the total amount owed on the land. But if you have bonds or coupons from the drainage district that are due soon, you can use those instead of cash.