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 Texas Statutes (Last Updated: January 4, 2014)
 OCCUPATIONS CODE
 Title 11. REGULATION OF SALES AND SOLICITATION
 Chapter 1802. AUCTIONEERS
 Subchapter A. GENERAL PROVISIONS

Sec. 1802.001. DEFINITIONS  

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  • In this chapter:

    (1) "Advisory board" means the Auctioneer Education Advisory Board.

    (2) "Associate auctioneer" means an individual who, for compensation, is employed by and under the direct supervision of a licensed auctioneer to sell or offer to sell property at an auction.

    (3) "Auction" means the sale of property by competitive bid.

    (4) "Auction company" means a person who engages in the business of arranging, managing, sponsoring, advertising, or conducting auctions.

    (5) "Auctioneer" means an individual who sells or offers to sell property at auction, with or without receiving valuable consideration, as a bid caller.

    (6) "Commission" means the Texas Commission of Licensing and Regulation.

    (7) Repealed by Acts 2003, 78th Leg., ch. 816, Sec. 4.019(1); Acts 2003, 78th Leg., ch. 1276, Sec. 14A.351(a).

    (8) "Department" means the Texas Department of Licensing and Regulation.

    (8-a) "Executive director" means the executive director of the department.

    (9) "Fund" means the auctioneer education and recovery fund.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 4.001, 4.019(1), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14.010, 14A.351, eff. Sept. 1, 2003.