An "auctioneer" or "principal auctioneer" means any person who offers, negotiates, or attempts to negotiate a listing contract, sale, purchase, or exchange of goods, chattels, merchandise, real or personal property, or of any other commodity which may lawfully be kept or offered for sale by or at public auction, or who sells the same at auction and who is allowed to supervise one (1) or more apprentice auctioneers.
An "apprentice auctioneer" means any person who is employed or supervised, directly or indirectly, by an auctioneer to deal or engage in any activity listed in KRS 330.
A "livestock auctioneer" means any auctioneer whose professional activities are limited to the sale of livestock at fixed based livestock yards operating under the control and guidance of the United States of America pursuant to the Federal Packers and Stockyards Act.
The Board does not issue licenses for firms or companies. The licensee provides one business address. The license is printed and mailed to a licensee's business address. All other correspondence from the Board is addressed to the licensee's home/mailing address.
(1) Good repute, trustworthy, and competent to transact the business for which the license is granted.
(2) At least eighteen (18) years of age.
(3) A high school diploma or equivalent.
(4A) Principal Auctioneer Applicant If licensed as an apprentice prior to 7/1/2010: licensed as a Kentucky Apprentice Auctioneer for a minimum of two years, participated in at least ten auctions during the twenty four months before applying for the exam, successful completion of the Principal Auctioneer examination, and remittance of the initial licensure fee.
(4B) Apprentice Auctioneer licensed after 6/30/2010: Shall be required to successfully complete the auctioneer examination prior to being issued an apprentice license. No further examination shall be required prior to applying for an Auctioneer license.
a: An apprentice auctioneer shall apply for an auctioneer license after completing the required two (2) year apprenticeship and within (5) five years of being issued an apprentice license and must have participated in at least ten auctions during the twenty four months before applying for the license.
b: If a licensed apprentice auctioneer does not apply for an auctioneer license within five (5) years of receiving an apprentice license, the apprentice license shall not be renewed.
c: This subsection shall not apply to an apprentice auctioneer licensed prior to 6/30/2010. KRS 330.070 (3)