At any sale of movable or immovable property, held under ~~ phcer® of

At any sale of movable or immovable property, held under the pmviaions e‘f this ChapterS no officer or emyloyee of a, Land De= who hem Bank 01‘ the State Land Development Bank, except on behalf of the Bank of whiah he is an officer or an employee, and no pemoa haying any duty to perform in connection with such sale, shall ei‘o’aar direei‘iy or indirectly bid for or acquire or attempt to ecquire any interest in such property.