Statutes, codes, and regulations
Wisconsin Administrative Code
Agency - Department of Safety and Professional ServicesProfessional ServicesAuctioneers and Auction Companies
Chapter SPS 125 - Maintenance of records
Section SPS 125.03 - Account summary sheet for registrants not maintaining a trust account

Wis. Admin. Code Department of Safety and Professional Services SPS 125.03

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Current through October 28, 2024
Section SPS 125.03 - Account summary sheet for registrants not maintaining a trust account

An auctioneer or auction company that is not required to maintain a trust account shall maintain an account summary sheet which shows the receipts, deposits, expenses and disbursements of each individual auction.

Wis. Admin. Code Department of Safety and Professional Services SPS 125.03

Cr. Register, June, 1995, No. 474, eff. 7-1-95; r. and recr., Register, July, 1999, No. 523, eff. 8-1-99.

This provision applies only to registrants not required to maintain a trust account. Registrants for whom a trust account is required must use the trust account bookkeeping system described in s. SPS 125.12.