Louisiana Revised Statutes 37:3123 – Violations; penalties
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Louisiana Revised Statutes 37:3123
- Auction: includes but is not limited to all of the following:
(i) Live auctions. See Louisiana Revised Statutes 37:3103
- Person: means an individual, partnership, company, corporation, association, or group however organized. See Louisiana Revised Statutes 37:3103
A. Any person who engages in auctions without a valid license violates this Chapter.
B. Any person who violates any provisions of this Chapter or any rules and regulations adopted under its authority shall be fined not more than five hundred dollars or imprisoned not more than six months, or both, for each such violation. Each individual sale or act in connection with the conduct of an auction in violation of any provisions of this Chapter shall constitute a separate offense and violation of this Chapter.
Added by Acts 1983, No. 508, §5. Acts 1986, No. 564, §3, eff. July 2, 1986.