Tenn. Comp. R. & Regs. 0160-01-.01

Current through September 10, 2024

Section 0160-01-.01 - DUTIES OF PRINCIPAL OR PUBLIC AUTOMOBILE AUCTIONEER

The principal or public automobile auctioneer shall be responsible for the advertising and management of the sale and account for all proceeds therefrom and shall, over his or her signature, issue a closing statement to the seller or sellers.

Tenn. Comp. R. & Regs. 0160-01-.01

Original rule certified June 7, 1974. Amendments filed September 6, 2016; effective December 5, 2016. However, the Government Operations Committee filed an 11-day stay of the rule; new effective date December 16, 2016. Amendments filed April 13, 2020; effective 7/12/2020.

Authority: T.C.A. § 62-19-106.