Sec. 7. A practitioner licensed to practice auctioneering is subject to the disciplinary sanctions under section 12 of this chapter if, after a hearing, the board finds that the practitioner has failed to:

(1) account and to make payment under IC 25-6.1-6-2; or

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Terms Used In Indiana Code 25-1-11-7

  • board: means any of the entities described in Indiana Code 25-1-11-1
  • practitioner: means a person that holds:

    Indiana Code 25-1-11-2

(2) keep the funds of others separate from the practitioner’s own private accounts.

As added by P.L.214-1993, SEC.1.

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