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Bidding Requirements and Procedures.

35 RCNY § 65-17
in effect
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§ 65-17 Bidding Requirements and Procedures. (a) Bidder Criteria. Any person can bid. However, the highest Bidder must satisfy all criteria for Taxicab License owners. The Chairperson will review the application for a license by the highest bidder to determine if that bidder satisfies the ownership criteria. (b) Application for Medallion License. The highest bidder must file an application for a Taxicab License with the Commission within three weeks from the auction date, unless the Chairperson extends the deadline for good cause. (c) Denial of Application. (1) If the highest bidder's application for a license is denied for any reason, the second-highest bidder will be awarded the sale on condition that the second-highest bidder's application for a Taxicab License is approved by the Chairperson. (2) If neither the highest bidder's nor the second-highest bidder's application for a license is approved, the auction will be nullified.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-71962Fetched: 10/24/2026

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65-17 | Corpus