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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
11/23/2024

18VAC25-21-120. Conduct at auctions.

No licensee shall attempt to escalate bidding through false bids, or through collusion with another (shills). The licensee shall not bid on the owner's behalf nor knowingly accept a bid made by the owner or made on the owner's behalf unless notice has been given that liberty for such bidding has been reserved. The licensee shall neither bid on his own behalf nor knowingly accept a bid made on his behalf unless notice has been given that such bidding will be permitted.

Statutory Authority

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

Historical Notes

Derived from VR150-01-2:1 § 4.3, eff. August 1, 1995; amended, Virginia Register Volume 25, Issue 7, eff. February 1, 2009; Volume 32, Issue 1, eff. November 1, 2015.

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