Except with respect to goods sold through an auction firm, no licensee shall sell goods at an auction until the auctioneer or auction firm involved has first entered into a written contract with the owner or consignor of such goods, which contract sets forth the terms and conditions upon which such auctioneer or auction firm accepts the goods for sale. A copy of every written contract shall be retained for a period of two (2) years from the date of the auction.Laws, 1995, ch. 405 § 20; Laws, 2009, ch. 476, § 9; reenacted without change, Laws, 2010, ch. 335, § 20, eff. 7/1/2010.Reenacted by Laws, 2016, ch. 348, HB 504, 20, eff. 7/1/2016.Reenacted without change by Laws, 2013, ch. 415, HB 1165, 20, eff. 7/1/2013.
Mississippi Legal Code