§ 44-21-6. Accounts rendered by auctioneers.
(a) Every auctioneer shall by January 31, and July 31, as of December 31 and June 30, render a just and true account, in writing, subscribed by the auctioneer, to the general treasurer of all property subject to duty sold by the auctioneer, the amount of each day’s sale and the date of the sale.
(b) The treasury, at reasonable times and upon reasonable notice, may examine the records of any licensee to determine whether the person has complied with the account.
(c) The treasury may file a request with the director of business regulations to deny, suspend, or revoke the license of any licensee for not rendering the account.
History of Section.G.L. 1896, ch. 159, § 16; G.L. 1909, ch. 188, § 16; G.L. 1923, ch. 216, § 16; G.L. 1938, ch. 337, § 16; G.L. 1956, § 44-21-6; P.L. 1991, ch. 64, § 1.
Structure Rhode Island General Laws
Chapter 44-21 - Duty on Auction Sales
Section 44-21-1. - Sales subject to duty.
Section 44-21-2. - Duty imposed — Apportionment between state and city or town.
Section 44-21-3. - Amount on which duty based — Retention and payment by auctioneer.
Section 44-21-4. - Bidding on part of property to be sold.
Section 44-21-5. - Purchase by auctioneer or original owner.
Section 44-21-6. - Accounts rendered by auctioneers.
Section 44-21-7. - Oath to auctioneer’s account.
Section 44-21-8. - Payments to general and city or town treasurers.
Section 44-21-9. - Forfeiture for neglect of duty by auctioneer.