Rule 901-19-03 | Auction sales at terminal or partial terminal shows.
This is a mandatory rule.
(A) A sponsor may hold an auction sale of livestock exhibited at a terminal or partial terminal show.
(B) An exhibitor who exhibits livestock at a terminal show or partial terminal show consents to participating in the subsequent auction sale.
(C) All bidders at an auction sale following a terminal show or partial terminal show consent to the slaughter of the livestock or delivery to a licensed livestock facility.
(D) Title to livestock sold at an auction sale and subsequently presented for slaughter or sale at a licensed livestock facility shall remain vested in the exhibitor. If the exhibitor is not the owner, the title to the livestock shall remain vested in the owner until the livestock has been passed by inspection and released in accordance with paragraphs (K)(1) and (K)(2) of rule 901-19-02 of the Administrative Code and passes all testing performed by or at the direction of the department or the sponsor.
(E) At the discretion of the sponsor, the sponsor may collect the sale proceeds from the successful bidder and retain the proceeds until the carcass of the livestock has been released, or may allow the successful bidder to withhold payment of the proceeds until the carcass is released. In the event the carcass is not released, the sponsor shall return the sale proceeds to the successful bidder.
(F) Prior to the auction, the sponsor shall announce the identification of the exhibition livestock which have been administered drugs for which the withdrawal time has not elapsed.