Each auctioneer shall maintain an escrow account and deposit all moneys from each sale from an auction in the escrow account within twenty-four hours of the completion of the sale or on the first business day following the sale, unless the owner or consignor was paid in cash directly at the end of the sale.
Structure West Virginia Code
§19-2C-2. License Required; Exceptions
§19-2C-3. Procedure for License; Department of Agriculture as Statutory Agent for Licensees
§19-2C-3b. Special Revenue Fund
§19-2C-5. Requirements for Auctioneer License; Duties of Licensee
§19-2C-5a. Examinations of Applicants
§19-2C-5b. Background Checks Required
§19-2C-6. Requirements for Apprentice Auctioneer License
§19-2C-6a. Investigation of Complaints; Board of Review
§19-2C-6b. Duties and Responsibilities of an Apprentice Auctioneer and a Sponsoring Auctioneer