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During the 2019 session the state legislature voted to pass House Bill 1176. The bill provides consistency and efficiency in the regulation of:
The bill went into effect on July 28, 2019.
Auction companies will need to register with the Secretary of State before they can apply for, or renew, their license. Companies registered as sole proprietors or general partnerships are exempt from this rule.
This bill doesn't affect auctioneers.
Learn more about House Bill 1176.