1. (a) Terms used in this section have the meanings assigned by Chapter 59 of this title, unless the context indicates otherwise.
2. (b) To renew a license as an auctioneer or associate auctioneer, a licensee must complete six hours of continuing education in courses approved by the department, including two hours of instruction in laws and rules that regulate the conduct of auctioneers and associate auctioneers.
3. (c) The continuing education hours must have been completed within the term of the current license, in the case of a timely renewal. For a late renewal, the continuing education hours must have been completed within the one year period immediately prior to the date of renewal.
4. (d) A licensee may not receive continuing education credit for attending the same course more than once for one renewal period.
5. (e) A licensee shall retain a copy of the certificate of completion for a course for one year after the date of completion. In conducting any inspection or investigation of the licensee, the department may examine the licensee's records to determine compliance with this subsection.

6. (f) To be approved under Chapter 59 of this title, a provider's course must be dedicated to instruction in one or more of the following topics:

   1. (1) Texas Occupations Code, Chapter 1802, Auctioneers;
   2. (2) Title 16, Texas Administrative Code, Chapter 67, Auctioneers Administrative Rules;
   3. (3) other laws and rules that regulate the conduct of auctioneers and associate auctioneers;
   4. (4) auction-related laws, such as the Uniform Commercial Code--Sales, Title 1, Chapter 2, Texas Business and Commerce Code §2.328 and the Deceptive Trade Practices--Consumer Protection Act, Chapter 17, Subchapter E, Texas Business and Commerce Code; or
   5. (5) business practices, such as insurance, auction ethics, contracts, maintenance of trust accounts, and marketing.
7. (g) This section shall apply to providers and courses for auctioneers and associate auctioneers upon the effective date of this section.
8. (h) This section shall apply to auctioneer and associate auctioneer licenses issued under Texas Occupations Code, Chapter 1802, Subchapter B that expire on or after January 1, 2006.

Source Note:The provisions of this §67.25 adopted to be effective June 1, 2005, 30 TexReg 3094.