Alabama Administrative Code Title 150 - ALABAMA STATE BOARD OF AUCTIONEERS
Here’s a comprehensive overview of Alabama Administrative Code – Title 150: State Board of Auctioneers (Chapter 150‑X‑1), reflecting the latest regulations current as of late February 2025 (regulations.justia.com):
📘 Chapter 150‑X‑1: Rules & Regulations
1. Scope & Definitions (§ 150‑X‑1‑.01)
Establishes terms like auctioneer, apprentice, and auction company (applicable to real estate, goods, livestock, etc.) (casetext.com).
2. Licensing (§ 150‑X‑1‑.02)
Apprentices: Must be sponsored by a licensed auctioneer (for ≥ 2 years) and demonstrate participation as principal in required auctions, submitting ad proofs and escrow transaction records (law.cornell.edu).
Non-resident applicants: Must show activity within the past five years (ads, affidavits, etc.) (law.cornell.edu).
Reciprocity: Awarded to states with equivalent standards. Requires two-year licensing or apprenticeship in the originating state, plus appropriate fee compliance (law.cornell.edu).
Auction companies: Must submit company applications and designate a single licensed auctioneer; exempt from separate licensure if owned/run solely by a licensed auctioneer (law.cornell.edu).
Escrow accounts: Required for handling client funds; licensees can use existing accounts (law.cornell.edu).
Inactive status and license reinstatement rules provided (§ .02(i–j)) (law.cornell.edu).
3. Advertising (§ 150‑X‑1‑.03)
All materials (print, online, billboard, etc.) must include names and license numbers of auctioneer and apprentices; misleading or deceptive advertising is prohibited (admincode.legislature.state.al.us).
4. Exams & Fees (§ 150‑X‑1‑.04–.06)
Exam scheduling: Must apply and be approved before sitting, administered via computer at state sites .
Fees (per Board FAQs):
Auctioneer: $200 initial & renewal; Apprentice: $100 initial & renewal; Exams: $100; Criminal background check: $20; Company license: $200; Reciprocal: $150 (auctioneer.alabama.gov).
5. Sponsor/Apprentice Duties (§ 150‑X‑1‑.10)
Sponsors must be licensed ≥2 years, supervise apprentices hands-on and in documentation; apprentices may not conduct contracts or hold escrow funds independently (admincode.legislature.state.al.us).
6. Disciplinary Rules (§ 150‑X‑1‑.11)
Violations include misrepresentation, commingling funds, false advertising, criminal convictions, failure to maintain records, abusive behavior, etc. Penalties include suspension, revocation, $200–$500 fines per violation (regulations.justia.com).
7. Auctioneer Schools & Continuing Ed (§ 150‑X‑1‑.12–.13)
Schools must be state-certified and submit curricula; approved courses earn CE credits—core topics only (e.g. ethics, appraisal) (auctioneer.alabama.gov).
8. Appendices I & II
Appendix I: Fee schedules
Appendix II: Forms (applications, affidavits, CE reports, change-of-address, complaint forms, etc.) (law.cornell.edu, casetext.com).
✅ Summary Table
Topic
Key Requirements
Definitions
Auctioneer/apprentice/company terms defined
Licensing
Sponsor-apprentice structure; reciprocity; escrow; company licensing
Advertising
License info mandatory; ads must be truthful
Fees
Auctioneer: $200; Apprentice: $100; Company: $200; Reciprocal: $150
Apprenticeship Rules
Sponsor supervision; escrow; limits on independent activity
Discipline
Covers misconduct, funds, records, conduct; fines up to $500
Education
CE & school approval regulated
Forms
Broad set provided in Appendix II
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