Section 4707.151 | Bid rigging prohibition.
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Effective:
May 6, 2005
Legislation:
Senate Bill 209 - 125th General Assembly
(A) No person shall engage in bid rigging.
(B) As used in this section, "bid rigging" means a conspiracy between auctioneers, apprentice auctioneers, special auctioneers, any participants in an auction, or any other persons who agree not to bid against each other at an auction or who otherwise conspire to decrease or increase the number or amounts of bids offered at auction.
Available Versions of this Section
- May 6, 2005 – Senate Bill 209 - 125th General Assembly [ View May 6, 2005 Version ]
- September 13, 2022 – Amended by House Bill 321 - 134th General Assembly [ View September 13, 2022 Version ]