NEW LAW REGARDING AUCTIONS IS IN EFFECT!
June 14, 2013, Texas Governor Rick Perry signed into law HB 3038 which regulates auctions in Texas regardless of the method of bid collection that is used. This further clarifies the law that makes it illegal to offer auction services, negotiate a contract or execute an auction contract without a license. The law goes into effect July 5, 2013. This includes AUCTIONS IN THE STATE OF TEXAS, LIVE OR ONLINE.
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