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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 18. Professional and Occupational Licensing |
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Agency 25. Auctioneers Board |
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Chapter 21. Regulations of the Virginia Auctioneers Board |
Section 10. Definitions
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Part I. Definitions
The following word or term when used in this chapter shall have the following meanings unless the context clearly indicates otherwise:
"Owner" means the bona fide owner or any lawfully designated agent of the real or personal property being offered for sale; in the case of a corporation, partnership, or other entity, except a sole proprietorship, an authorized officer, director, or partner may be deemed to be "owner" of the real or personal property being offered for sale, provided such entity is licensed to do business in the Commonwealth of Virginia.
Historical Notes
Derived from VR150-01-2:1 § 1.1, eff. August 1, 1995; amended, Volume 18, Issue 07, eff. February 1, 2002; Volume 32, Issue 01, eff. November 1, 2015.