Sec. 10. (a) The commission may grant an applicant an inactive auctioneer license if the auctioneer submits a written application to the commission requesting that the auctioneer license be classified as inactive.

     (b) An auctioneer granted an inactive license under this section may not perform an act that requires an auctioneer license.

Terms Used In Indiana Code 25-6.1-9-10

  • Auctioneer: means an individual who is engaged in, or who by advertising or otherwise holds the individual out as being available to engage in, the calling for, the recognition of, and the acceptance of offers for the purchase of goods or real estate at an auction. See Indiana Code 25-6.1-1-3
  • Commission: means the Indiana auctioneer commission. See Indiana Code 25-6.1-1-3
  • Licensee: means any person licensed under this article and, in the case of an auction company, includes the person required to obtain a license for such auction company. See Indiana Code 25-6.1-1-3
     (c) If a disciplinary or suspension hearing is pending against an auctioneer, the individual may not be granted an inactive license without the approval of the commission.

     (d) An individual granted an inactive license must continue to pay the same fees that a licensee is required to pay.

     (e) An inactive licensee is not required to complete the continuing education requirement while the license is inactive.

     (f) An individual may reinstate an inactive auctioneer license if the individual:

(1) submits a written application to the commission requesting that the inactive auctioneer license be classified as active; and

(2) fulfills the applicable continuing education requirement for the licensure period during which the license is reinstated.

As added by P.L.238-1995, SEC.3.

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