New Hampshire Code of Administrative Rules
Auc - State Board of Auctioneers
Chapter Auc 300 - LICENSING REQUIREMENTS
Part Auc 302 - QUALIFICATION
Section Auc 302.03 - Standards for Approval of Auctioneering Schools

Universal Citation: NH Admin Rules Auc 302.03

Current through Register No. 40, October 3, 2024

In order to qualify as a board certified auctioneering school, the auctioneering school shall provide a history of the school and its qualifications as well as a list of intended instructors and their qualifications, and a course curriculum and schedule to demonstrate that:

(a) The school requires a minimum number of hours of course work in each of the following core curriculum subject areas as indicated:

(1) Auctioneer ethics, 10 hours;

(2) Auction-related principles of contract law, 4 hours;

(3) Auction-related provisions of the Uniform Commercial Code, 2 hours;

(4) Auction closing statements and accounting practices, 6 hours;

(5) Auctioneer presentation and bid calling skills, 10 hours;

(6) Auction advertising strategies, 6 hours;

(7) Auction logistics, 6 hours; and

(8) Starting and operating an auction business; 6 hours;

(b) The school offers the following course work on an elective basis:

(1) Sales of antiques and furniture, firearms, art, rugs, jewelry, automobiles, heavy equipment, farm machinery, estates, and computers;

(2) Business liquidations, including real estate and foreclosures, industrial and small business liquidations, and farm and livestock liquidations;

(3) Auction related environmental issues;

(4) Bankruptcy sales;

(5) Auction business practices including sale preparation, and appraising;

(6) Personal attributes of auctioneers such as body language, public speaking, and personal appearance; and

(7) Auction bid assistance; and

(c) The board shall approve the school if it determines that:

(1) The school demonstrates compliance with (a)-(b) above; and

(2) The courses are led by instructors with sufficient experience in and mastery of the subject matter of the course.

Disclaimer: These regulations may not be the most recent version. New Hampshire may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.