Indiana Administrative Code
Title 812 - INDIANA AUCTIONEER COMMISSION
Article 2 - AUCTIONEER COURSES AND INITIAL EDUCATION COURSE PROVIDERS
Rule 5 - Course Providers; Miscellaneous Prohibitions
Section 5-2 - Advertising; requirements
Universal Citation: 812 IN Admin Code 5-2
Current through September 18, 2024
Authority: IC 25-6.1-2-5
Affected: IC 25-6.1
Sec. 2.
(a) Course providers are prohibited from engaging in false or misleading advertising.
(b) If a course provider's advertisement contains representations concerning the number or percentage of its students who pass the commission's auctioneer examination, the course provider shall retain information, including the raw data and the calculation substantiating the accuracy of the representations, and make it available to the commission upon request.
(c) The method of calculation of passing percentage under subsection (b) shall be as follows:
(1) Advertisement must state the period for
which passing percentages are reported.
(2) Percentages must be based on first-time
candidates taking the state licensing examinations for the period reported.
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