South Carolina Code of Laws
Chapter 6 - Auctioneers
Section 40-6-50. Administrative support; authority vested in commission; license fees.

(A) The Department of Labor, Licensing and Regulation shall provide all administrative, fiscal, investigative, inspectional, clerical, secretarial, and license renewal operations and activities of the commission in accordance with Section 40-1-50.
(B) The commission is the sole licensing authority for all licenses issued pursuant to this chapter and has the authority to discipline licensees.
(C) A person licensed as an auctioneer shall pay an annual license fee to the commission. Funds derived under this chapter must be paid to the State Treasurer who shall keep them in the manner provided for other agencies and commissions of the State. The commission shall establish license and examination fees by regulation.
HISTORY: 2000 Act No. 318, Section 1.

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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.