Sections
11 entriesSection 1812.600Requires auctioneers and auction companies to maintain and file a $20,000 bond, with 30 days’ cancellation notice and cessation of business if…Section 1812.601Defines advertisements for auction services, auctions, auction companies, auctioneers, employees, employers, goods, and persons. Defines an auction as exchanges culminating in acceptance…Section 1812.602Allows the superior court in the county where a person has engaged or is about to engage in conduct violating the title…Section 1812.603Establishes that the superior court for the county in which any person has engaged in any act that constitutes a violation of…Section 1812.604Establishes that, except as otherwise provided in the title, a violation is a misdemeanor punishable by a fine up to $1,000, county…Section 1812.605Requires auctioneers, auction companies, and their specified owners, officers, agents, and employees to follow lawful seller instructions, truthfully represent auctioned goods, and…Section 1812.606Establishes responsibility for auction-business violations: a sole-proprietor auctioneer and an auction company with its owners, partners, and officers are responsible for violations…Section 1812.607Requires auctioneers and auction companies to keep records two years, report changes within 30 days, pay proceeds within 30 working days, return…Section 1812.608Prohibits specified auction misconduct, including aiding violations, misrepresentation, sales without required contracts, improper bidding, and misrepresenting auction terms. Violations carry specified fines…Section 1812.609Prohibits waiver of any provision of the title by declaring every such waiver contrary to public policy, void, and unenforceable. The rule…Section 1812.610Defines an auction for this rule to include real-property sales and defines an auctioneer by specified bid-calling activity. Prohibits falsely announcing an…