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TITLE 16ECONOMIC REGULATION
PART 4TEXAS DEPARTMENT OF LICENSING AND REGULATION
CHAPTER 67AUCTIONEERS
RULE §67.71Requirements--Sponsoring Auctioneer

(a) There must be a legitimate employee-employer relationship between an associate auctioneer and the sponsoring auctioneer or between the associate and an auction company operated by a licensed auctioneer that employs the sponsoring auctioneer.

(b) A sponsoring auctioneer must be on the premises and directly supervising an associate auctioneer when the associate is bid calling.

(c) A sponsoring auctioneer is responsible for supervision of an associate auctioneer as the associate performs the items listed in §67.72(c).

(d) An auctioneer who terminates the sponsorship of an associate auctioneer must:

  (1) within thirty (30) days notify the department in writing; and

  (2) provide signed documentation to the associate auctioneer showing:

    (A) the beginning and ending date of sponsorship;

    (B) date and location of up to ten (10) auctions bid called by the associate;

    (C) items listed in §67.72(c), that the associate has performed.


Source Note: The provisions of this §67.71 adopted to be effective February 15, 2016, 41 TexReg 799

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