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This website publishes administrative rules on their effective dates, as designated by the adopting state agencies, colleges, and universities.

Rule 901:8-2-03 | Auctioneer license procedure; deposit or return of license.

 

Auctioneers licensed under section 4707.07 of the Revised Code may apply to place their license on deposit, in accordance with section 4707.091 of the Revised Code, for a term not to exceed two years.

(A) If the auctioneer is under the financial responsibility requirement, placing a license on deposit does not waive this requirement, nor does the period while on deposit count toward the three-year requirement.

(B) No licensee shall be placed on deposit in an attempt to avoid an action taken against that license under section 4707.15 of the Revised Code.

Last updated February 16, 2023 at 8:27 AM

Supplemental Information

Authorized By: 4707.19
Amplifies: 4707.07, 4707.10, 4707.11
Five Year Review Date: 2/16/2028
Prior Effective Dates: 3/21/2006, 5/11/2009, 4/17/2015, 9/23/2021