Sec. 1802.156. EDUCATION EXPENDITURES PERMITTED

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The executive director may use amounts in excess of $250,000 in the fund to:
(1) advance education and research in the auctioneering profession for the benefit of license holders and to improve and increase the efficiency of the industry;
(2) underwrite educational seminars, training centers, and other educational projects for the use and benefit of license holders;
(3) sponsor, contract, and underwrite other educational and research projects that advance the auctioneering profession in this state; and
(4) cooperate with associations of auctioneers and other groups for the education and advancement of the auctioneering profession in this state.

Acts 1999, 76th Leg., ch. 388, Sec. 1, eff. Sept. 1, 1999. Amended by Acts 2003, 78th Leg., ch. 816, Sec. 26.051, eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 1276, Sec. 14A.366, eff. Sept. 1, 2003.

                    
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