Sec. 1. Coverage. (a) Except as provided in subsection (b), no individual may act as an auctioneer and no person may operate an auction company without obtaining and having in full force and effect a valid license issued by the commission in accordance with this chapter. (b) The requirements of this article do not apply […]
Sec. 10. Any person who makes proper and complete application to the commission and who is denied a license under this article has all of the rights and remedies prescribed in IC 4-21.5. As added by Acts 1977, P.L.270, SEC.1. Amended by P.L.7-1987, SEC.113.
Sec. 2. (a) Every individual, before acting as an auctioneer, must obtain a license from the commission. (b) An applicant for a license must: (1) be at least eighteen (18) years of age; (2) have completed at least eighty (80) actual hours of auction instruction from a course provider approved by the commission; (3) not […]
As added by Acts 1977, P.L.270, SEC.1. Amended by Acts 1980, P.L.163, SEC.6; P.L.3-1990, SEC.88; P.L.214-1993, SEC.15; P.L.84-1998, SEC.19; P.L.23-2003, SEC.4; P.L.105-2008, SEC.17. Repealed by P.L.59-2014, SEC.5.
Sec. 4. (a) Every person other than: (1) an individual who is a licensed auctioneer; or (2) an individual who has a licensed auction house (until July 1, 2014); who is seeking to operate as an auction company must obtain a license from the commission. Notwithstanding the fact that an individual who is a licensed […]
Sec. 5. At the time of obtaining a license under this chapter, the licensee shall pay: (1) the license fee established by the commission under IC 25-1-8-2; and (2) a surcharge under IC 25-6.1-8 for deposit in the auctioneer recovery fund. As added by Acts 1977, P.L.270, SEC.1. Amended by P.L.256-1987, SEC.2; P.L.23-2003, SEC.6; P.L.194-2005, […]
Sec. 6. All auctions arranged by or through an auction company shall be conducted exclusively by individuals who are licensed as auctioneers under this chapter. As added by Acts 1977, P.L.270, SEC.1. Amended by P.L.59-2014, SEC.7.
Sec. 7. Display of License. Every person licensed under this article shall display his license or a certified copy of it issued by the commission in the full and unobstructed view of the public at his principal place of business. As added by Acts 1977, P.L.270, SEC.1.
Sec. 8. (a) The commission may charge the fee established under IC 25-1-8-2 as the cost of providing duplicate licenses to replace lost or destroyed licenses. (b) The commission may charge a fee established under IC 25-1-8-2 for the cost of verifying a license to another state. As added by Acts 1977, P.L.270, SEC.1. Amended […]
Sec. 9. (a) When the commission determines that a person not licensed under this article is engaged in or is believed to be engaged in activities for which a license is required under this article, the commission may issue an order to that person requiring the person to show cause why the person should not […]
