Virginia § 54.1-603 License required; requirements for licensure; nonresident applicants

Virginia Statutes

§ 54.1-603 — License required; requirements for licensure; nonresident applicants

Virginia § 54.1-603

Title 54.1PROFESSIONS AND OCCUPATIONS

Subtitle IIPROFESSIONS AND OCCUPATIONS REGULATED BY THE DEPARTMENT OF PROFESSIONAL AND OCCUPATIONAL REGULATION AND BOARDS WITHIN THE DEPARTMENT

Ch. 6AUCTIONEERS

This text of Virginia § 54.1-603 (License required; requirements for licensure; nonresident applicants) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 54.1-603 (2026).

Text

A.Unless exempted by § 54.1-601, no person or firm shall sell at auction without being licensed by the Board.

B.Any auctioneer desiring to obtain a license may apply to the Board and shall establish to the satisfaction of the Board that he:

1.Is a resident of Virginia and meets the application fee requirements set by the Board;

2.Is covered by a surety bond, executed by a surety company authorized to do business in this Commonwealth, in a reasonable amount to be fixed by the Board, conditioned upon the faithful and honest conduct of his business or employment;

3.Has successfully completed a course of study at a school of auctioneering which has obtained course approval from the Board or an equivalent course; and

4.Has passed the Virginia Licensed Auctioneer's Examination, admini

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A. Unless exempted by § 54.1-601, no person or firm shall sell at auction without being licensed by the Board.

B. Any auctioneer desiring to obtain a license may apply to the Board and shall establish to the satisfaction of the Board that he:

1. Is a resident of Virginia and meets the application fee requirements set by the Board;

2. Is covered by a surety bond, executed by a surety company authorized to do business in this Commonwealth, in a reasonable amount to be fixed by the Board, conditioned upon the faithful and honest conduct of his business or employment;

3. Has successfully completed a course of study at a school of auctioneering which has obtained course approval from the Board or an equivalent course; and

4. Has passed the Virginia Licensed Auctioneer's Examination, administered by the Auctioneers Board.

C. A nonresident of the Commonwealth may be licensed as an auctioneer by meeting one of the following requirements: (i) conform to the provisions of this chapter and regulations of the Board with reference to resident auctioneers or (ii) hold a valid auctioneer's license or certificate in another state with which reciprocity has been established by the Board. Nonresident applicants shall also file with the Board an irrevocable consent that service of process upon the Director is as valid and binding as service of process upon the applicant.

Any process or pleading served upon the Director shall be filed by the Director in his office and a copy thereof immediately forwarded by registered mail to the main office of the auctioneer at the last known address.