Relating to auctioneers
What changed between versions
Bond requirement increased from $10,000 to $25,000 for auctioneers and from $5,000 to $10,000 for apprentice auctioneers.
New requirement for written contracts between auctioneers and sellers with specific disclosures including fees, payment terms, and responsibility for unsold items.
Background check requirements added with restrictions on when criminal convictions can disqualify applicants and provisions for petitioning to overcome disqualifications.
Board members of the review board now entitled to expense reimbursement rather than receiving no compensation.
Grace period after license expiration extended from 20 days to 30 days for both auctioneers and apprentice auctioneers.
New exemptions added for online platforms with fixed-time sales and for fiduciaries of estates selling estate property.
Civil penalties now payable to the Department of Agriculture rather than the state generally, with clearer assessment criteria.
Definition of 'in this state' expanded to include auctions where the auctioneer delivers purchased property to West Virginia.