Current through Register No. 50, December 12, 2024
Section Auc 302.03 - Standards for Approval of Auctioneering SchoolsIn order to qualify as a board certified auctioneering school, the auctioneering school shall provide a history of the school and its qualifications as well as a list of intended instructors and their qualifications, and a course curriculum and schedule to demonstrate that:
(a) The school requires a minimum number of hours of course work in each of the following core curriculum subject areas as indicated:(1) Auctioneer ethics, 10 hours;(2) Auction-related principles of contract law, 4 hours;(3) Auction-related provisions of the Uniform Commercial Code, 2 hours;(4) Auction closing statements and accounting practices, 6 hours;(5) Auctioneer presentation and bid calling skills, 10 hours;(6) Auction advertising strategies, 6 hours;(7) Auction logistics, 6 hours; and(8) Starting and operating an auction business; 6 hours;(b) The school offers the following course work on an elective basis: (1) Sales of antiques and furniture, firearms, art, rugs, jewelry, automobiles, heavy equipment, farm machinery, estates, and computers;(2) Business liquidations, including real estate and foreclosures, industrial and small business liquidations, and farm and livestock liquidations;(3) Auction related environmental issues;(5) Auction business practices including sale preparation, and appraising;(6) Personal attributes of auctioneers such as body language, public speaking, and personal appearance; and(7) Auction bid assistance; and(c) The board shall approve the school if it determines that:(1) The school demonstrates compliance with (a)-(b) above; and(2) The courses are led by instructors with sufficient experience in and mastery of the subject matter of the course.N.H. Admin. Code § Auc 302.03
Derived From Volume XXXVII Number 28, Filed July 13, 2017, Proposed by #12201-B, Effective 6/7/2017, Expires 6/7/2027.