Ala. Admin. Code r. 150-X-1-.12

Current through Register Vol. 42, No. 10, July 31, 2024

Section 150-X-1-.12 - Auctioneer Schools

In order to be eligible for approval by the Alabama State Board of Auctioneers, an auction school must provide evidence of annual certification by the Alabama Department of Education or the Postsecondary Education Department (or the equivalent thereof in another state) as required by state law

(a) Schools of auctioneering seeking approval of their curriculum shall file an application with the Board.

(b) A minimum of eighty-five (85) hours of classroom instruction in the fundamentals of auctioneering is required for graduation for auctioneers.

(c) Truthfulness, honesty and integrity of the profession must be emphasized in all coursework. Ethical conduct must also be stressed, in an auctioneer's dealings with fellow auctioneers, buyers and sellers, and the public-at-large.

(d) The laws of principal and agent must be clearly presented. Care must be taken to see that training sessions do not degenerate into random discussions.

(e) Specific "educational objectives" for each session must be identified. "Educational objectives" must be planned and coordinated so that an "overall educational objective" is achieved during the courses.

(f) An examination on the information presented must be administered at the end of each course of instruction; students shall be given credit for completing the course only after taking and passing such an examination.

(g) In order to be accepted as an approved school, and in order to remain approved, the course curriculum must contain classroom instruction in the following subjects:

1. Bid calling

2. Auction laws and auctioneering ethics

3. Contract law

4. Law of Principal and agent

5. Conducting an auction

6. Clerking and cashiering

7. Auction advertising

8. Contract Auctioneering to include livestock and automobiles

9. Real estate auctions

10. Auction house, estate and antique auctions

11. Machinery & equipment auctions

12. Business liquidations

13. Benefit Auctions

14. Internet Auctions to include:

(i) Cataloging

(ii) Check Out

(iii) Load Out

(iv) Data collection

(h) Academic excellence is as appropriate to an auction school as it is to any institution of learning. In view of the required subjects, a minimum of at least three instructors is required and any auction course must be taught by a licensed auctioneer.

(i) Schools shall furnish each student who successfully completes their course of instruction with an official certification of graduation or diploma containing the student's name, the date the course was completed, and total number of hours attended and successfully completed by the student.

(j) The board may deny, suspend or revoke the approval of any school when it finds that the school has failed to meet or to continuously maintain any requirement, standard or procedure of this rule. Additionally, the board may suspend or revoke the approval of any school upon finding that any information required under this rule or provided in the school's application was knowingly falsified or misrepresented.

Ala. Admin. Code r. 150-X-1-.12

New Rule: Filed July 12, 1995; effective August 16, 1995. Amended: Filed January 18, 2002; effective February 22, 2002. Amended: Filed January 29, 2003; effective March 5, 2003. Amended: Filed July 24, 2007; effective August 28, 2007.

Amended by Alabama Administrative Monthly Volume XXXVII, Issue No. 09, June 28,2019, eff. 8/3/2019.

Amended by Alabama Administrative Monthly Volume XL, Issue No. 05, February 28, 2022, eff. 4/14/2022.

150-X-1-.13License Name And Number Nontransferable.

Repealed and Rule . 14 was renumbered to . 12 as per certification filed July 24, 2007; effective August 28, 2007.

Author: J. O. Blandenburg

Statutory Authority:Code of Ala. 1975, § 34-4-21.