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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 160. Records
Latest version.
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The licensee is required to maintain, for a period of four years from the date of settlement, written records of the following: the contract drawn with each owner; auction records, including but not limited to lists of buyers and their addresses; and clerk sheets showing the items sold including the buyers' numbers or names and the selling prices and the final settlement papers. These business records shall be available for inspection by the board or its designees as deemed appropriate and necessary.
Historical Notes
Derived from VR150-01-2:1 § 4.7, eff. August 1, 1995; amended, Volume 32, Issue 01, eff. November 1, 2015.