1. (1) All advertising of an auction sale must be made in the name and license number of the licensee who shall bear responsibility of the sale to the seller, general public and auctioneer commission.
2. (2) All advertising shall include the name of the principal or public automobile auctioneer, and the principal or public automobile auctioneer shall attend all auction sales.

Authority: T.C.A. §§ 62-19-102, 62-19-106, 62-19-111, and 62-19-125. Administrative History: Original rule certified June 7, 1974. Amendment filed August 18, 1976; effective September 17, 1976. Amendment filed March 15, 1993; effective April 29, 1993. Amendments filed September 6, 2016; effective December 5, 2016. However, the Government Operations Committee filed an 11-day stay of the rule; new effective date December 16, 2016. Amendments filed April 13, 2020; effective July 12, 2020.