Section 17-17-302 - Issuance and renewal - Change of location(a)(1) An examination shall not be required for the renewal of any present or future license unless the license has been revoked. In this case, the applicant shall take and pass the written examination offered by the Auctioneer's Licensing Board before a new license may be issued.(2) Licensed auctioneers shall have a thirty-day grace period beyond the renewal date to renew a license.(3)(A) The penalty for late renewals beyond the thirty-day grace period shall be two (2) times the sum of a normal license renewal fee.(B)(i) The board shall notify a licensee of the penalty in subdivision (a)(3)(A) of this section by first-class and electronic mail to the addresses the licensee has on file with the board.(ii) If a licensee does not renew his or her license within thirty (30) days after the notice in subdivision (a)(3)(B)(i) of this section is sent, the board shall send a second notice by first-class and electronic mail.(b)(1)(A) The issuance fee for each auctioneer's license shall be one hundred dollars ($100).(B) The annual renewal fee for each license shall be one hundred dollars ($100).(C) All licenses shall expire on June 30 of each year.(2) In the absence of a reason or condition that might warrant the refusal to renew a license and upon receipt of the written request of the applicant and the applicant's annual fee, the board shall issue a new license each ensuing year.(c) Upon the issuance or renewal of a license, the board shall prepare and deliver to each licensee a license certificate or pocket card, each of which shall be deemed sufficient proof of licensure.(d)(1) Notice in writing shall be given to the board by each licensee of any change of business location within thirty (30) days after any change in location, and at that time the board shall issue a new license for the unexpired period.(2) A change of business location shall automatically cancel the license previously issued.(3) Unless changed by the licensee on the board's online licensing platform, changing a business location and issuance of a new license shall entitle the board to collect a processing fee of five dollars ($5.00) from the licensee.Amended by Act 2023, No. 677,§ 6, eff. 8/1/2023.Acts 1989, No. 266, § 8; 2003, No. 1748, § 3; 2009, No. 773, § 1.