(a) If an auction house owner is one other than the principal auctioneer, the auction house owner shall apply for a license and meet all the provisions of this chapter.(b) When the owner of an auction company or the designated person of a corporation and the auctioneer are one and the same, only one (1) license shall be required.Amended by Act 2023, No. 677,§ 8, eff. 8/1/2023.Acts 1989, No. 266, § 16.
Arkansas Legal Code