- (a) The purpose of the Auctioneer Education Advisory Board is to advise the Commission on educational matters relating to use of the educational trust fund established with fees collected for the auctioneer recovery fund.
- (b) Recommendations of the board will be transmitted to the Commission.
- (c) Board meetings are called by the Presiding Officer. Meetings in excess of one each calendar quarter shall be authorized by the Commission or the Commission's designee.
- (d) The board shall consist of the auctioneer members specified in the Act, the commissioner of the Texas Department of Commerce and the commissioner of education or their designees, and three consumers of services provided by licensed auctioneers.
- (e) The consumers of services should include at least one person who consigns property to auctioneers for sale and at least one person who regularly buys at auction. Consumer members serve for terms of two years and expire September 1 of the year of expiration.
Source Note:The provisions of this §67.65 adopted to be effective January 7, 1994, 18 TexReg 9928; amended to be effective December 1, 2003, 28 TexReg 10456.