(a) The Auctioneer's Licensing Board shall establish a separate high interest bearing account in a bank located in this state. The account shall be referred to as the "Auctioneer Education and Recovery Fund" and shall only be used for education and recovery purposes as detailed in this chapter.
(b) The fees collected under ยง 17-17-404 shall be deposited into the Auctioneer Education and Recovery Fund.
Section: 17-17-402 17-17-403 17-17-404 17-17-405 17-17-406 17-17-407 17-17-408 17-17-409 NextLast modified: November 15, 2016