Section 19-2C-5 - Requirements for auctioneer license; duties of licensee(a) A person seeking an auctioneer license shall submit satisfactory evidence to the commissioner showing that he or she: (1) Has successfully completed the written and oral examinations required by this article;(2) Has a good reputation;(3) Is of trustworthy character;(4) Has met the apprenticeship requirements set forth in this article, if applicable;(5) Is a citizen of the United States; and(6) Has a general knowledge of the auctioneering profession and the principles involved in conducting an auction.(b) A licensee shall:(1) Promptly produce for inspection his or her license at all sales conducted by or participated in by the licensee when requested to do so by any person; and(2) Keep complete and accurate records of all transactions engaged in for a period of three years from the date on which the sale was completed.(c) For the purposes of this section, the term "record" includes, but is not limited to:(1) Copies of signed contracts, including the names of buyers and their addresses;(2) Clerk sheets showing items sold, including buyers numbers or names, and the selling prices; and(3) Final settlement papers.(d) The records of the auctioneer shall be open to inspection by the commissioner or his or her authorized representative.(e) A person who has an auctioneer license is considered to be a professional in his or her trade.Amended by 2019 Acts, ch. 37 (HB 2982), eff. 6/7/2019.Amended by 2014 Acts, ch. 16 (HB 4410), eff. 6/6/2014.