Arkansas § 17-17-308 Suspension or revocation

Arkansas Statutes

§ 17-17-308 — Suspension or revocation

Arkansas § 17-17-308

Title17

This text of Arkansas § 17-17-308 (Suspension or revocation) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 17-17-308 (2026).

Text

The Auctioneer's Licensing Board may impose a civil penalty or suspend or revoke the license of an auctioneer for any of the following causes:

(1)Obtaining a license through false or fraudulent representation;

(2)Pursuing a continued and flagrant course of misrepresentation or making false promises through agents or advertising or otherwise;

(3)Failing to account for or remit within a reasonable time any money belonging to others that comes into his or her possession;

(4)Commingling funds of others with his or her own or failing to keep the funds of others in an escrow or trustee account;

(5)Paying valuable consideration to any person for services performed in violation of this chapter;

(6)Being convicted of a criminal offense involving a felony listed under § 17-3-102 in a court of

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The Auctioneer's Licensing Board may impose a civil penalty or suspend or revoke the license of an auctioneer for any of the following causes: (1) Obtaining a license through false or fraudulent representation; (2) Pursuing a continued and flagrant course of misrepresentation or making false promises through agents or advertising or otherwise; (3) Failing to account for or remit within a reasonable time any money belonging to others that comes into his or her possession; (4) Commingling funds of others with his or her own or failing to keep the funds of others in an escrow or trustee account; (5) Paying valuable consideration to any person for services performed in violation of this chapter; (6) Being convicted of a criminal offense involving a felony listed under § 17-3-102 in a court of competent jurisdiction of this or any other jurisdiction; (7) Willfully violating a rule promulgated by the board; (8) Failing to enter into a written contract with the seller and to furnish voluntarily to the seller at the time of execution copies of all written instruments prepared by the auctioneer, including the contract; (9) Any conduct of an auctioneer that demonstrates bad faith, dishonesty, incompetency, untruthfulness, or deceptive practices; (10) Any other conduct that constitutes improper, fraudulent, or dishonest dealings, including falsely accusing any auctioneer or auction house; (11) Failing to complete or submit the continuing education requirements as specified by this chapter and the rules adopted by the board; or (12) Failing to disclose the buyer's premium in all advertising associated with an auction.

Legislative History

Amended by Act 2019, No. 315,§ 1353, eff. 7/24/2019. Amended by Act 2019, No. 315,§ 1352, eff. 7/24/2019. Amended by Act 2019, No. 990,§ 20, eff. 7/24/2019. Acts 1989, No. 266, § 11; 1999, No. 1333, § 7; 1999, No. 1506, § 2; 2001, No. 1258, § 1; 2003, No. 1748, § 4.