Ohio § 4707.171
Full text of Ohio Ohio Revised Code § 4707.171, with citation guidance and answers to common questions.
§ 4707.171.
There is hereby created in the state treasury the auction education fund. Seven dollars and fifty cents of each fee collected for an initial or renewed auction
firm's license shall be credited to the auction education fund. In addition, seven dollars and fifty cents out of each one hundred dollars that
is collected as a fee for an initial or renewed auctioneer's license shall be credited
to the fund. All interest earned on moneys deposited in the state treasury to the credit of the
auction education fund shall be credited to the fund. The state auctioneers commission shall use any moneys from the auction education fund
to advance and underwrite education and research in the auction field for the benefit
of those licensed under this chapter and the auctioneering public and to cooperate
with associations of auctioneers and other groups for the education of auctioneers
and the advancement of the auction profession in this state.
Frequently Asked Questions About Ohio § 4707.171
What does Ohio Revised Code § 4707.171 cover?
Section 4707.171 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 § 4707.171?
A common citation format is "Ohio Revised Code § 4707.171" (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 § 4707.171 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.