54.1-602 - Auctioneers Board; membership, meetings and powers. - Virginia Statutes

§ 54.1-602. Auctioneers Board; membership, meetings and powers.

A. The Auctioneers Board shall be composed of five members as follows: threeshall be Virginia licensed auctioneers and two shall be citizen members.Board members shall serve four-year terms.

The Board shall meet at least twice each year for the purpose of transactingbusiness. Special meetings of the Board may be held at the discretion of theDirector.

B. The Board shall have the following authority and responsibilities:

1. Establish regulations to obtain and retain licensure of auctioneers.

2. Make all case decisions regarding eligibility for initial licensure andrenewal thereof.

3. To fine, suspend, deny renewal or revoke for cause, as defined inregulation, any license.

4. To examine auctioneers for licensure.

(1982, c. 538, §§ 54-824.4, 54-824.7; 1983, c. 522, § 54-824.9:3; 1988, cc.42, 765; 1991, c. 299.)