In order to qualify as a board certified auctioneering school, the auctioneering school shall provide a history of the school and its qualifications as well as a list of intended instructors and their qualifications, and a course curriculum and schedule to demonstrate that:

1. (a) The school requires a minimum number of hours of course work in each of the following core curriculum subject areas as indicated:

   1. (1) Auctioneer ethics, 10 hours;
   2. (2) Auction-related principles of contract law, 4 hours;
   3. (3) Auction-related provisions of the Uniform Commercial Code, 2 hours;
   4. (4) Auction closing statements and accounting practices, 6 hours;
   5. (5) Auctioneer presentation and bid calling skills, 10 hours;
   6. (6) Auction advertising strategies, 6 hours;
   7. (7) Auction logistics, 6 hours; and
   8. (8) Starting and operating an auction business; 6 hours;

2. (b) The school offers the following course work on an elective basis:

   1. (1) Sales of antiques and furniture, firearms, art, rugs, jewelry, automobiles, heavy equipment, farm machinery, estates, and computers;
   2. (2) Business liquidations, including real estate and foreclosures, industrial and small business liquidations, and farm and livestock liquidations;
   3. (3) Auction related environmental issues;
   4. (4) Bankruptcy sales;
   5. (5) Auction business practices including sale preparation, and appraising;
   6. (6) Personal attributes of auctioneers such as body language, public speaking, and personal appearance; and
   7. (7) Auction bid assistance; and

3. (c) The board shall approve the school if it determines that:

   1. (1) The school demonstrates compliance with (a)-(b) above; and
   2. (2) The courses are led by instructors with sufficient experience in and mastery of the subject matter of the course.

Source. #6658, eff 1-1-98, EXPIRED: 1-1-06 New. #12201-B, eff 6-7-17