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ND SB2086
Bill
AI Summary
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Amends section 51-05.1-04 of the North Dakota Century Code to clarify the definition of "auctioneer" and "clerk" by adding exceptions based on subsection 5.
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Defines "internet auction" as the selling or offering for sale of real or personal property at public auction exclusively via the internet.
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Exempts persons performing a single act or isolated transaction in selling property at auction from being classified as an auctioneer or clerk.
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Exempts persons conducting or employed by persons conducting internet auctions from auctioneer or clerk licensing requirements.
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Requires persons in North Dakota engaged in auto auction business via the internet to be licensed as motor vehicle dealers under section 39-22-23.
Legislative Description
Definitions of and exceptions to auctioneer, clerk, and internet auctions.
Last Action
Filed with Secretary Of State 04/26
4/27/2011