North Carolina General Assembly
NC General Statutes
Chapter 85B - Auctions and Auctioneers.
The Statutes on the North Carolina General Assembly website reflect changes made in the
legislative session, through 7/30/2016.
§ 85B-1. Definitions.
§ 85B-2. Activities governed by Chapter.
§ 85B-3. Auctioneers Commission.
§ 85B-3.1. Auctioneers Commission; powers and duties.
§ 85B-3.2. Criminal history record checks of applicants for licensure.
§ 85B-4. Licenses required.
§ 85B-4.1. Auctioneer Recovery Fund.
§ 85B-4.2. Grounds for payment; notice and application to Commission.
§ 85B-4.3. Hearing; required showing.
§ 85B-4.4. Response and defense by Commission and judgment debtor; proof of conversion or other fraudulent act.
§ 85B-4.5. Determination of certain small claims without a prior judicial determination.
§ 85B-4.6. Order directing payment out of Fund; compromise of claims.
§ 85B-4.7. Limitations; pro rata distribution; attorneys' fees.
§ 85B-4.8. Repayment to Fund; automatic suspension of license.
§ 85B-4.9. Subrogation of rights.
§ 85B-4.10. Waiver of rights.
§ 85B-4.11. Persons ineligible to recover from Fund.
§ 85B-4.12. Disciplinary action against licensee.
§ 85B-5. Licensing of nonresidents.
§ 85B-6. Fees; local governments not to charge fees or require licenses.
§ 85B-7. Conduct of auction; records.
§ 85B-7.1. Handling clients' funds.
§ 85B-8. Prohibited acts; assessment of civil penalty; denial, suspension, or revocation of license.
§ 85B-9. Penalties and enforcement.