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17-17-112. Written contract.
Arkansas Code — all titles (historical 2020) · legal_authorities
17-17-112. Written contract.
(a) An auctioneer may not sell the property of another at auction without a prior written contract with the seller which sets forth the terms and conditions upon which the auctioneer will sell the property. The licensee must retain a copy of each contract for at least three (3) years after the auction.
(b) The Auctioneer's Licensing Board is authorized to prescribe by rule the minimum requirements which must be included in a written contract.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 17-17-112
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:17-17-112
Source file: gov.ar.code.title.17.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c19c36e5d4950755e73ebc1a38840b346567cc27ec0d9201b04aaa255fd972f4
Source location: content.xml paragraph 3469
Stored source content
17-17-112. Written contract.
(a) An auctioneer may not sell the property of another at auction without a prior written contract with the seller which sets forth the terms and conditions upon which the auctioneer will sell the property. The licensee must retain a copy of each contract for at least three (3) years after the auction.
(b) The Auctioneer's Licensing Board is authorized to prescribe by rule the minimum requirements which must be included in a written contract.
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