Compilation of Rules and Regulations of the State of Georgia
Department 55 - GEORGIA AUCTIONEERS COMMISSION
Chapter 55-7 - COMPANY REGISTRATION
Rule 55-7-.04 - Loss of Auctioneer Directly Supervising the Company
Universal Citation: GA Rules and Regs r 55-7-.04
Current through Rules and Regulations filed through September 23, 2024
A company that applies for and receives exemption from company registration must provide written notification to the Commission within 15 days of termination of ownership or the relationship between the company and the full-time auctioneer directly supervising the company. Furthermore, immediately upon such termination, the company must either register with the Commission or cease all business of auctioneering until such time as it retains a full-time auctioneer to directly supervise the company and is granted another exemption from the Commission upon compliance with Rule 55-7-.03.
O.C.G.A. 43-6-7; 43-6-11.1.
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