Administrative Code

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Virginia Administrative Code
Title 18. Professional And Occupational Licensing
Agency 25. Auctioneers Board
Chapter 21. Regulations of the Virginia Auctioneers Board
11/23/2020

18VAC25-21-10. Definitions.

The following word or term when used in this chapter shall have the following meanings unless the context clearly indicates otherwise:

"Owner" means the bona fide owner or any lawfully designated agent of the real or personal property being offered for sale; in the case of a corporation, partnership, or other entity, except a sole proprietorship, an authorized officer, director, or partner may be deemed to be "owner" of the real or personal property being offered for sale, provided such entity is licensed to do business in the Commonwealth of Virginia.

Statutory Authority

§§ 54.1-201 and 54.1-602 of the Code of Virginia.

Historical Notes

Derived from VR150-01-2:1 § 1.1, eff. August 1, 1995; amended, Volume 18, Issue 07, eff. February 1, 2002; Volume 32, Issue 01, eff. November 1, 2015.

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