Ohio § 4707.072
Full text of Ohio Ohio Revised Code § 4707.072, with citation guidance and answers to common questions.
§ 4707.072.
The department of agriculture may grant one-auction licenses to any nonresident individual
who is determined to be qualified by the department. Chapter 4796. of the Revised Code does not apply to one-auction licenses issued
under this section. Any individual who applies for a one-auction license shall attest, on forms provided
by the department, and furnish to the department, satisfactory proof that the license
applicant meets the following requirements: (A) Has a good reputation; (B) Is of trustworthy character; (C) Has attained the age of at least eighteen years; (D) Has a general knowledge of the requirements of the Revised Code relative to auctioneers,
the auction profession, and the principles involved in conducting an auction; (E) Has two years of professional auctioneering experience immediately preceding the
date of application that includes the personal conduct by the applicant of at least
twelve auction sales in any state; (F) Has paid a fee of five hundred dollars; (G) Has not applied for or previously obtained a license under this section; (H) Has provided proof of financial responsibility in the form of either an irrevocable
letter of credit or a cash bond or a surety bond in the amount of fifty thousand dollars. If the applicant gives a surety bond, the bond shall be executed by a surety company
authorized to do business in this state. A bond shall be made to the department and shall be conditioned that the applicant
shall comply with this chapter and rules adopted under it, including refraining from
conduct described in section 4707.15 of the Revised Code . All bonds shall be on a form approved by the director of agriculture.
Frequently Asked Questions About Ohio § 4707.072
What does Ohio Revised Code § 4707.072 cover?
Section 4707.072 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 4707.072?
A common citation format is "Ohio Revised Code § 4707.072" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 4707.072 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.