Current with changes from the 2024 legislative session effective on or before 7/1/2024, from Acts 2,3, 6-535, and 580-647
A. No person acting as auctioneer shall purchase, either directly or indirectly, any property at a sale made by him except as provided in R.S. 37:3130. Any such sale is null.B. No person shall act at any auction sale as bidder or what is commonly known as "capper," "booster," or "shill" or place or offer to place any false bids or offer to buy or pretend to buy any property sold or offered for sale by auction.C. Nothing in this Part shall be construed to prohibit the taking of bids in any auction sale by telephone or by other electronic means.Acts 1986, No. 564, §4, eff. July 2, 1986; Acts 2003, No. 1111, §1.Acts 1986, No. 564, §4, eff. 7/2/1986; Acts 2003, No. 1111, §1.