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§ 43-6-1. Definitions

As used in this chapter, the term: “Absolute auction” shall mean that ownership and title of real or personal property offered at auction must be conveyed to the high bidder without reservation and without any competing bids of any type by the owner or an agent of the owner of the property. Reserved. “Auction business” […]

§ 43-6-10. Application by Person for License

Any person desiring to act as an auctioneer must file an application for a license with the commission. The application shall be in such form and detail as the commission shall prescribe, setting forth the following: The name and address of the applicant or the name under which he or she intends to conduct business; […]

§ 43-6-11. Qualifications of Applicants

No auctioneer’s license shall be issued to any person who has not attained the age of 18 years, nor to any person who is not a resident of this state unless he or she has fully complied with Code Section 43-6-12, nor to any person who is not a citizen or has not filed his […]

§ 43-6-11.1. Application by Company for Registration; Exemptions; Trust Accounts

No company shall be registered to engage in the business of auctioning unless such company furnishes to the commission: A completed application form as prescribed by the commission; Satisfactory evidence approved by the commission that the company employs or shall employ an auctioneer licensed under the provisions of this chapter to conduct any auctions in […]

§ 43-6-12.1. Proof of Residence

In order for an applicant to obtain an auctioneer’s license, such applicant must show proof of a residence. History. Code 1981, § 43-6-12.1 , enacted by Ga. L. 1996, p. 657, § 6.

§ 43-6-13. License Fees; Effect of Nonpayment of Checks Submitted as Fee

The division director, at the time an application for licensure is submitted, shall collect from an applicant a fee in an amount established by the commission. The commission may establish separate schedules of fees for such licenses depending on whether the applicant begins to do business prior to or after the issuance of any such […]

§ 43-6-14. Contents and Display of License

Each license shall have placed thereon the seal of the commission. The license of each auctioneer shall be delivered or mailed to his or her place of business and shall be displayed conspicuously at all times in the office of the licensee. The commission shall prepare and deliver a pocket card certifying that the person […]

§ 43-6-14.1. Carrying License Identification Card Required

All licensees must carry on their person, when participating in the auctioneering business in any capacity, their Georgia auctioneer’s license identification card and must present such card upon demand by any official of the State of Georgia. History. Code 1981, § 43-6-14.1 , enacted by Ga. L. 1996, p. 657, § 7.

§ 43-6-16. Grounds for Refusal to Issue License

Licenses shall be granted only to persons who bear a good reputation for honesty, trustworthiness, integrity, and competence to transact the business of auctioning in such manner as to safeguard the interest of the public and only after satisfactory proof of such qualifications has been presented to the commission. The commission shall grant a license […]

§ 43-6-17. Procedure Upon Nonacceptance of Applications

If the commission, after an application in proper form has been filed and accompanied by the proper fee, shall refuse to accept the application, the commission shall provide for a hearing for such applicant in accordance with Chapter 13 of Title 50, the “Georgia Administrative Procedure Act.” Any person who has exhausted all administrative remedies […]

§ 43-6-18. Grounds for Revocation or Suspension of Licenses and Censure of Licensees

The commission may, upon its own motion, and shall, upon the signed complaint in writing of any person, investigate the actions of any auctioneer and shall have power to censure such licensee or to revoke or suspend any license issued under this chapter whenever such license has been obtained by false or fraudulent representation or […]

§ 43-6-18.1. Inspector

The commission shall have an inspector with full inspection rights and privileges for all auctions conducted in this state. This inspector shall have the right to inspect any activity or lack thereof which may be a violation of this chapter or any documents or records pertaining to auction activities and to report any and all […]

§ 43-6-18.2. Sanctions

After notice and opportunity for hearing as provided in Code Section 43-6-19, the commission, in its discretion, may sanction, as provided in Code Section 43-1-19 and Code Section 43-6-18, a company registered or required to be registered in accordance with this chapter. History. Code 1981, § 43-6-18.1 , enacted by Ga. L. 1987, p. 596, […]

§ 43-6-21. Notification of Change of Business Address

Should the auctioneer change his or her place of business, he or she shall notify the commission in writing within ten days of such change, and thereupon a new pocket card shall be granted to the auctioneer. History. Code 1933, § 84-317A, enacted by Ga. L. 1975, p. 53, § 1; Ga. L. 2000, p. […]

§ 43-6-22.1. Auctioneers Education, Research, and Recovery Fund

The commission is authorized and directed to establish and maintain an auctioneers education, research, and recovery fund. The commission shall maintain a minimum balance of $100,000.00 in the auctioneers education, research, and recovery fund from which any person, except bonding companies when they are not principals in an auction transaction, aggrieved by an act, representation, […]