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CHAPTER 5
AUCTIONS AND AUCTIONEERS
SECTION:
5-5-1: Definitions
5-5-2: Licensing
5-5-3: Rules, Regulations And Requirements
5-5-4: Prohibited Acts
5-5-5: Revocation
5-5-1: DEFINITIONS:
As used in this chapter:
AUCTION HOUSE: A building, site, or location from which an auction is conducted. Auction houses shall not include estate auctions conducted at the residence of the deceased; auctions for the liquidation of a business licensed under this title, if conducted on the premises of that business; and auctions to dispose of abandoned or unclaimed property, if conducted on the premises of a business licensed under this title and the property to be auctioned was initially received or stored in the regular course of that business.
AUCTIONEER: A person who conducts a public competitive sale of property by outcry to the highest bona fide bidder.
(1979 Code §§ 5.10.010, 5.10.011; amd. Ord. 90-42, 7-26-1990)
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