South Carolina § 40-6-290 - Written agreements between owner and auctioneer; records; possession of pocket card license.
Full text of South Carolina South Carolina Code of Laws § 40-6-290 — Written agreements between owner and auctioneer; records; possession of pocket card license., with citation guidance and answers to common questions.
§ 40-6-290. Written agreements between owner and auctioneer; records; possession of pocket card license.
(A) No licensee may conduct an auction in this State without first having a written agreement with the owner of any property to be sold. The agreement shall contain the terms and conditions upon which the licensee received the goods for sale. The licensee shall provide the owner with a signed copy of the agreement and shall keep at least one copy for three years from the date of the agreement. A written agreement is not required for a sale at auction if the sale is made at an auction house or similar place where members of the public are generally offered the opportunity to present goods for sale. Copies of all contracts must be made available to the commission or its designated agent upon request.
(B) A licensee shall maintain accurate records upon receipt of goods for auction and before their sale, which shall include the name and address of the person who employed the licensee to sell the goods at auction and the name and address of the owner of the goods to be sold. These records must be open for inspection by the commission or its designated agent upon request.
(C) A licensee shall have his pocket card license in his possession at each auction he conducts.
HISTORY: 2000 Act No. 318, SECTION 1.
Editor's Note
Prior Laws:1977 Act No. 111, SECTION 15; 1993 Act No. 155, SECTION 12; 1976 Code SECTION 40-6-150.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 40-6-290
What does South Carolina Code of Laws § 40-6-290 cover?
Section 40-6-290 ("Written agreements between owner and auctioneer; records; possession of pocket card license.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. 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 South Carolina § 40-6-290?
A common citation format is "South Carolina Code of Laws § 40-6-290" (South Carolina). 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 South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 40-6-290 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina 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 South Carolina.