Tenn. Comp. R. & Regs. 0160-01-.14

Current through September 10, 2024
Section 0160-01-.14 - FEES
(1) Each application for licensure shall be accompanied by a non-refundable application fee of fifty dollars ($50.00).
(2) Fees for the issuance of initial licensure and the renewal thereof shall be as follows:
(a) Principal Auctioneer License, one hundred seventy-five dollars ($175.00);
(b) Affiliate Auctioneer License, one hundred twenty-five dollars ($125.00);
(c) Bid Caller Auctioneer License, one hundred fifty dollars ($150.00);
(d) Public Automobile Auctioneer License, one hundred seventy-five dollars ($175.00);
(e) Public Automobile Auction License, one hundred seventy-five dollars ($175.00);
(f) Auctioneer Education and Recovery Account Fee, fifty dollars ($50.00); and
(g) Replacement license, thirty-five dollars ($35.00).
(3) Licenses are valid for two (2) years from the date of their issuance and must be renewed on or before their expiration date. The commission may, in its discretion, renew the license upon application within the sixty (60) days immediately preceding its date of expiration.
(4) A licensee shall pay a one-time fee of one hundred fifty dollars ($150.00) for the retirement of a principal auctioneer, affiliate auctioneer, or public automobile auctioneer license. An application for activation of a retired license shall be accompanied by an application fee of one hundred dollars ($100.00), the applicable license fee and the Auctioneer Education and Recovery Account fee.
(5) An applicant who fails a license examination shall pay a fee as set by contract with the Auctioneer Commission license examination administrator for each subsequent re-examination.

Tenn. Comp. R. & Regs. 0160-01-.14

Original rule filed July 14, 1989; effective August 28, 1989. Amendment filed March 15, 1993; effective April 29, 1993. Amendment filed August 5, 1998; effective October 19, 1998. Amendment filed February 28, 2001; effective May 14, 2001. Repeal and new rule filed January 30, 2008; effective April 14, 2008. Amendments filed October 15, 2008; effective December 29, 2008. 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(b), 62-19-111, and 62-19-116.