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Code · Kentucky · Kentucky Revised Statutes

330.070 Apprentice auctioneer requirements -- Issuance of license -- Fees --

1,145 words·~5 min read·/ky/330-070

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Continuing education requirement -- Pocket license -- Duty of auctioneer upon
termination of apprentice employment -- Placement of licenses in escrow --
Notice of change of address -- Continuing education.
(1)An apprentice auctioneer applying for an auctioneer license shall, subject to the
provisions of KRS 330.060:
(a)Possess a current Kentucky apprentice auctioneer license;
(b)Serve an apprenticeship for a period of one
(1)year as an apprentice
auctioneer in Kentucky;
(c)Submit a statement to the board, signed by the principal auctioneer, verifying
that the applicant has actively and materially participated in at least ten
auctions prior to application; and
(d)Successfully complete at least eighty
(80)hours of approved classroom
instruction from a board-approved auction education provider. The board may
waive the eighty
(80)hours of approved classroom instruction requirement if
the applicant demonstrates sufficient previous auction experience and
competency by affidavit or other evidence as required by the board.
(2)An apprentice auctioneer with an original license issued prior to June 30, 2010, or
after July 1, 2015, shall be required to successfully complete the auctioneer
examination.
(3)If an applicant for an auctioneer license resides in a state which does not have a
current reciprocity agreement with the board, the board may waive the eighty
hour education requirement or the apprenticeship requirement, or both, if the
applicant demonstrates sufficient previous auction experience and competency by
affidavit or by other evidence as required by the board.
(4)An applicant for an auctioneer license who has previously held an auctioneer
license which has been revoked, suspended, or which has expired without renewal
may request, and the board may grant, a waiver of the requirement of possession of
a current apprentice license.
(5)Every application for a license issued by the board shall be submitted on forms
prepared by the board. Each applicant shall furnish pertinent background data as
outlined on those forms.
(6)The board shall promulgate administrative regulations in accordance with KRS
Chapter 13A to establish an initial license fee and biennial renewal license fee. The
initial license fee shall not exceed one hundred fifty dollars ($150) and the biennial
renewal fee shall not exceed three hundred dollars ($300).
(a)All licenses shall expire on the thirtieth day of June of each even year.
(b)Each license shall be renewed on or before the expiration date.
(c)In addition to the renewal fee, a late fee shall be established by administrative
regulations promulgated by the board on each license renewed within six
months after the expiration date.
(d)In the absence of any reason or condition which might warrant the refusal of
renewing a license, and upon timely receipt of the renewal form and the
biennial fee, the board shall issue a license for the remainder of the ensuing
biennial license period.
(a)The board may require as a condition precedent to the renewal of any license,
that each licensee complete continuing education up to ten
(10)hours per
license year. The board may impose different continuing education
requirements upon different classifications of licenses under this chapter. The
continuing education requirements in this subsection shall not apply to those
auctioneers licensed prior to January 1, 1980.
(b)A licensee who has not completed the required continuing education may,
within the time period set forth in subsections
(6)and
(12)of this section,
remit a fee established by administrative regulations promulgated by the board
with the applicable renewal fees, and the continuing education reporting
requirement shall be deferred to the next biennial renewal. If the licensee fails
to meet the continuing education requirement for the next biennial renewal,
the licensee shall successfully complete the examination before renewal of his
or her license.
(c)1. The board may require all licensees to complete a six
(6)hour board-
approved core course once every four
(4)years, that includes the core
subjects of Kentucky auction statutes and regulations, ethics, and any
other subject matter deemed appropriate by the board.
2. Effective July 1, 2016, each licensee with at least twenty-five
(25)years
of continuous licensure shall be exempt from the requirements of this
paragraph.
(a)The board shall ensure that licensees may access a copy of their license
certificate via an electronic portal account.
(b)Auction house operators shall display their licenses conspicuously and at all
times in the auction house identified on the license.
(c)All licensees shall carry a copy of their license, or a digital facsimile thereof,
when performing auctioneering tasks, to be shown upon request.
(9)When an apprentice auctioneer is discharged or voluntarily terminates employment
with the auctioneer for any reason:
(a)It shall be the immediate duty of the principal auctioneer to deliver to the
board a written release of the apprentice auctioneer; and
(b)The apprentice auctioneer shall affiliate with a principal auctioneer within
thirty
(30)days by submitting to the board an affiliation letter signed by the
new principal auctioneer and a fee established by administrative regulations
promulgated by the board in accordance with KRS Chapter 13A.
An apprentice auctioneer shall not perform any of the acts regulated by this chapter
until receiving a new license bearing a new principal auctioneer's name and address.
(a)A licensee may place his or her license in escrow with the board if the
licensee does not engage in any board-regulated auctioneering activity and
continues to pay the biennial renewal license fee.
(b)For each year the license is in escrow, a licensee shall be exempt from the
contribution to the auctioneer's education, research, and recovery fund and the
continuing education requirement.
(c)To reactivate a license in escrow, the licensee shall complete the core course
and pay a reactivation fee and the biennial renewal recovery fee, both of
which shall be established by administrative regulations promulgated by the
board in accordance with KRS Chapter 13A.
(11)Notice in writing shall be given to the board by each licensee of any change of
principal business location or residence address within ten
(10)days of the change,
and the board shall issue an updated license for the unexpired period. The board
may fine, suspend, or revoke the license of a licensee who does not notify the board
of a change of address within ten
(10)days. Changing a business or a residence
address on its records shall entitle the board to collect a fee established by
administrative regulations promulgated by the board in accordance with KRS
Chapter 13A.
(a)A licensee who has initiated continuing education courses prior to the date
established through an administrative regulation promulgated by the board in
accordance with KRS Chapter 13A shall have five
(5)days after the
established date to complete them.
(b)The board may not cancel a license for failure to complete continuing
education courses until ten
(10)days after the date established by the board.
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