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KY Board of Auctioneers

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The Law

The laws are in PDF, viewed with Adobe's freeware Acrobat Reader. See Resources link below for more PDF information.

KY Revised Statutes Chapter 330

KRS 330.010 Title
KRS 330.020 Definitions for Chapter
KRS 330.030 Auctioneers license required
KRS 330.033 Limited licenses for livestock and tobacco auctioneers
KRS 330.035 License required to act as auction house operator
KRS 330.040 Exceptions to KRS 330.030
KRS 330.050 Board of Auctioneers - Membership - Qualifications - Terms - Compensation - Powers - Employees - Funds - Publication of list of licensees - Administrative Regulations
KRS 330.060 Issuance of license - Conditions - Examination, fee, exception
KRS 330.070 Qualifications - License fee - Continuing education requirement - License and pocket card - Duty of auctioneer upon termination of apprentice employment - Placement of licenses in escrow
KRS 330.090 Nonresident licensee - Fees - Consent to be sued - Waiver of apprenticeship requirement
KRS 330.095 Reciprocal licensing without examination
KRS 330.100 Place of business - Sign to be erected, requirements, exception - Application to livestock and tobacco auctioneers
KRS 330.110 License suspension, revocation and other penalties - Grounds
KRS 330.115 Complaints against licensee - Answer by licensee
KRS 330.120 Investigation of complaint - Conditions - Disposition hearing
KRS 330.130 Hearing before imposition of disciplinary action - Notice - Appeal
KRS 330.170 Duration and effect of revocation of license
KRS 330.180 Seal - Records, as evidence, public
KRS 330.190 Proof of license required to recover fees by court action - No right of recovery by apprentice auctioneer, exception
KRS 330.192 Auctioneer's education, research, and recovery fund - Annual charges and assessments - Purpose - Use - Coverage of licensees.
KRS 330.200 Municipal right to license auctioneers and auction house operators
KRS 330.210 Sale of horses by auction
KRS 330.220 "Absolute auction" defined - "Reserve auction" defined - Bids by seller
KRS 330.990 Penalties

201 KY Administrative Regulations Chapter 3

201 KAR 3:005 Name required on advertising
201 KAR 3:015 Experience requirements for principal auctioneers
201 KAR 3:025 Reciprocity requirements
201 KAR 3:035 Real estate sales by auction
201 KAR 3:045 Record keeping and accounting
201 KAR 3:055 Apprenticeship residency requirements
201 KAR 3:065 Maintaining a license while on active military duty

KY Uniform Commercial Code

Uniform Commercial Code - KRS Chapter 355   The underlying purposes and policies of this chapter are (a) to simplify, clarify and modernize the law governing commercial transactions; (b) to permit the continued expansion of commercial practices through custom, usage and agreement of the parties; (c) to make uniform the law among the various jurisdictions.[355.1-102] and KRS 355.2-328  Sale by Auction

Updated: 11/15/2004