(A) The commission, in addition to the authority granted to it pursuant to Section 40-1-120, may deny, suspend, revoke, or restrict a license and may assess a fine in accordance with Section 40-6-210. The authority of the commission to revoke or suspend a license for violation of this chapter or a regulation promulgated under this chapter includes the authority to place a licensee on probation upon conditions to be determined by the commission.
(B) A final order of the commission finding that a licensee is guilty of any offense charged in a formal accusation becomes public knowledge except for a final order dismissing the accusation or imposing a private reprimand.
(C) The commission may impose a civil fine of up to five thousand dollars for each violation of a provision of this chapter or a regulation promulgated under this chapter; however, the total fines may not exceed ten thousand dollars.
HISTORY: 2000 Act No. 318, Section 1.
Structure South Carolina Code of Laws
Title 40 - Professions and Occupations
Section 40-6-05. Application of Chapter 1; conflicts.
Section 40-6-10. Auctioneers' Commission created; membership and qualifications; compensation.
Section 40-6-50. Administrative support; authority vested in commission; license fees.
Section 40-6-60. Adoption of rules and regulations.
Section 40-6-70. Initiation of investigation of fitness.
Section 40-6-115. Jurisdiction of commission.
Section 40-6-130. Grounds for disciplinary action as basis for denial of licensure.
Section 40-6-140. Prior criminal record as grounds for denial of licensure.
Section 40-6-150. Surrender of license.
Section 40-6-180. Payment of costs and fines.
Section 40-6-190. Confidentiality; privileged communications.
Section 40-6-210. Petition for injunctive relief.
Section 40-6-235. Requirements for license as auction firm.
Section 40-6-240. Term of licenses; renewal; proof of continuing education; lapsed license.
Section 40-6-250. License required.
Section 40-6-260. List of licensees.
Section 40-6-270. Licensing of auctioneers licensed in another state.
Section 40-6-280. "Absolute" auctions.
Section 40-6-310. Estate auction requirements.
Section 40-6-320. Licensing by municipalities prohibited.
Section 40-6-330. Auctioneer Recovery Fund; maintenance and contributions; use of excess funds.
Section 40-6-340. Claims against fund; notification of licensee; investigation.
Section 40-6-360. Limitations on payments from fund.