Ohio Administrative Code
Title 901:8 - Enforcement and Compliance
Chapter 901:8-2 - Auctioneers, Apprentice Auctioneers, and Auction Companies
Section 901:8-2-03 - Deposit or return of license

Universal Citation: OH Admin Code 901:8-2-03

Current through all regulations passed and filed through September 16, 2024

Examination. The applicant must answer seventy-five per cent of the questions correctly

Auctioneers licensed under section 4707.07 of the Revised Code may apply to place their license on deposit, in accordance with section 4707.091 of the Revised Code, for a term not to exceed two years.

(A) If the auctioneer is under the financial responsibility requirement, placing a license on deposit does not waive this requirement, nor does the period while on deposit count toward the three-year requirement.

(B) No licensee shall be placed on deposit in an attempt to avoid an action taken against that license under section 4707.15 of the Revised Code.

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