Current through Acts 2023-2024, ch. 1069
Section 62-19-102 - License requirement(a) It is unlawful for a person to:(1) Act as, advertise as, or represent to be an auctioneer without holding a valid license issued by the commission;(2) Conduct or offer to conduct an auction of real property unless the person is duly licensed as an auctioneer or affiliate auctioneer and as a broker or affiliate broker under chapter 13 of this title. However, with respect to the authority of an affiliate auctioneer to conduct or offer to conduct an auction of real property, the auctioneer for whom the affiliate auctioneer is employed for such purposes must be on the premises of the property during the auction. This subdivision (a)(2) does not require ringpersons or other persons not vocally conducting an auction to be duly licensed as auctioneers, nor duly licensed under chapter 13 of this title, unless the ringpersons or other persons act as an affiliate broker or broker within the meaning of chapter 13 of this title; or(3) Act as, advertise as, or represent to be a public automobile auctioneer unless the person is duly licensed as a public automobile auctioneer and as a motor vehicle dealer under title 55, chapter 17, part 1.(b) All auctions arranged by or through a principal auctioneer must be conducted exclusively by individuals licensed under this chapter.Amended by 2019 Tenn. Acts, ch. 471, s 5, eff. 7/1/2019.Acts 1967, ch. 335, § 2; T.C.A., § 62-1902; Acts 1983, ch. 250, §2; 1985, ch. 357, §1; 2003 , ch. 24, §§1, 2; 2008 , ch. 724, § 2.