Department of Agriculture - Auctioneers, Apprentice Auctioneers, and Auction Companies - Online auction held in conjunction with live auction.


Published: 2021-09-23

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(A) If held in conjunction with a live auction, the licensee shall enter into a contract with the owner or consignee of any property the licensee intends to offer for sale online. The contract shall meet the requirements set forth in section 4707.20 of the Revised Code.

(B) If held in conjunction with a live auction, the licensee shall maintain all records related to the online auction, including, advertisements, contracts, online catalogs, bid history, and expenses and fees for a period of two years.

Last updated September 23, 2021 at 10:19 AM