Current through Reg. 49, No. 52; December 27, 2024
Section 67.72 - Requirements - Associate Auctioneers(a) An associate auctioneer shall provide auction services only when under the supervision of the licensed Texas auctioneer whose name is on file with the department as the associate's sponsoring auctioneer.(b) When bid calling, an associate auctioneer must be under the direct on-premises supervision of the sponsoring auctioneer.(c) In order to be eligible for licensure as an auctioneer without taking the examination, an associate auctioneer must participate in all aspects of the auction business involving the laws of this state, in at least ten (10) auctions including but not limited to: (5) site selection and preparation;(15) escrow account procedures.(d) An associate auctioneer must report any change of address to the department within thirty (30) days.(e) When a sponsoring auctioneer terminates the sponsorship of an associate auctioneer, the associate may not provide auction services until an agreement with a new sponsoring auctioneer, whose name and signature are on file with the department, has been made.16 Tex. Admin. Code § 67.72
Adopted by Texas Register, Volume 41, Number 05, January 29, 2016, TexReg 800, eff. 2/15/2016