- (a) An associate auctioneer shall provide auction services only when under the supervision of the licensed Texas auctioneer whose name is on file with the Department as the associate's sponsoring auctioneer.
- (b) When bid calling, an associate auctioneer must be under the direct on premises supervision of the sponsoring auctioneer.
(c) In order to be eligible for licensure as an auctioneer without taking examination an associate auctioneer must participate in all aspects of the auction business involving the laws of this state, including but not limited to:
- (1) appraising;
- (2) inventorying;
- (3) advertising;
- (4) property make ready;
- (5) site selection and preparation;
- (6) lotting;
- (7) registration;
- (8) clerking;
- (9) cashiering;
- (10) bid-calling at least ten auctions;
- (11) ring working;
- (12) property check out;
- (13) security;
- (14) accounting; and
- (15) managing an escrow account.
- (d) An associate auctioneer must report any change of address to the department within 30 days.
- (e) When a sponsoring auctioneer terminates his sponsorship of an associate auctioneer, the associate may not provide auction services until he has an agreement with a new sponsoring auctioneer whose name and signature are on file with the Department.
Source Note:The provisions of this §67.72 adopted to be effective December 1, 2006, 31 TexReg 9601.