South Carolina Code of Laws
Chapter 6 - Auctioneers
Section 40-6-240. Term of licenses; renewal; proof of continuing education; lapsed license.

(A) All licenses issued under this chapter must be issued by the commission and are valid from July first of the year issued or from the date issued, whichever is later, through the following June thirtieth unless revoked or suspended pursuant to this chapter. Any license other than an apprentice license may be renewed annually. An apprentice license may be renewed one time. No examination is required for renewal of a license if the application for renewal is made within ninety days of the expiration of the license.
(B) When a licensee applies for renewal, the licensee shall submit proof with the renewal form, in a form acceptable to the commission, that the licensee has acquired commission-approved continuing education of at least four hours within the previous twelve months. Continuing education is not required of apprentice auctioneers and auction firm license holders unless the owner or manager is a licensed auctioneer.
(C) The renewal of a lapsed license is not retroactive and does not limit the authority of the courts or the commission to take disciplinary action against a licensee who engages in the auction profession without a current license.
HISTORY: 2000 Act No. 318, Section 1.

Editor's Note
Prior Laws:1977 Act No. 111, Section 9; 1993 Act No. 155, Section 10; 1976 Code Section 40-6-90.

Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 40 - Professions and Occupations

Chapter 6 - Auctioneers

Section 40-6-05. Application of Chapter 1; conflicts.

Section 40-6-10. Auctioneers' Commission created; membership and qualifications; compensation.

Section 40-6-20. Definitions.

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 40-6-80. Power to administer oaths and subpoena witnesses for purpose of investigation; taking evidence; compelling compliance.

Section 40-6-90. Hearings.

Section 40-6-100. Cease and desist order; petition for temporary restraining order; temporary injunction.

Section 40-6-110. Grounds for action against licensee or one otherwise acting as auctioneer; licensee adjudged mentally incompetent.

Section 40-6-115. Jurisdiction of commission.

Section 40-6-120. Revocation, suspension, or restriction of license; final order of guilt as public knowledge; civil fines.

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 40-6-160. Appeal.

Section 40-6-170. Costs.

Section 40-6-180. Payment of costs and fines.

Section 40-6-190. Confidentiality; privileged communications.

Section 40-6-200. Penalties.

Section 40-6-210. Petition for injunctive relief.

Section 40-6-220. Eligibility requirements for license as apprentice auctioneer; conduct of auction and review of records.

Section 40-6-230. Eligibility requirements for license as auctioneer, purebred livestock auctioneer, or tobacco auctioneer.

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 40-6-290. Written agreements between owner and auctioneer; records; possession of pocket card license.

Section 40-6-300. Trust or escrow accounts; bank name and account number as requirement for issuance or renewal of license; notification of changes; records of transactions.

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 40-6-350. Hearing by commission; compromise of claim; suspension of license pending repayment; subrogation.

Section 40-6-360. Limitations on payments from fund.

Section 40-6-370. Exceptions from applicability of chapter.

Section 40-6-380. Severability.