Rules and Regulations of the State of Georgia
 

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  • 1. In the address bar, type about:config and press Enter.
  • 2. Click "I'll be careful, I promise" if a warning message appears.
  • 3. In the search box, search for javascript.enabled
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  1. On web browser menu click "Tools" and select "Internet Options"
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  8. Click on the "Refresh" button of the web browser to refresh the page.
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  • 1. a) Click on "Menu", hover mouse on the "Settings" then hover mouse on the "Quick preferences" and mark the "Enable Javascript" checkbox.
  • 1. b) If "Menu bar" is shown click on the "Tools", hover mouse on the "Quick preferences" and mark the "Enable Javascript" checkbox.
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If you are an entitled government entity pursuant the Georgia Administrative Procedures Act, <a target="_new" href="http://links.casemakerlegal.com/states/GA/books/Code_of_Georgia/browse?ci=25id=gasos&amp;codesec=50-13-7&amp;title=50&amp;#50-13-7(d)">O.C.G.A.§ 50-13-7(d)</a> contact the State of Georgia's Administrative Procedures Division at 678-364-3785 to enable these features for your location.)</p> <p>To access this website, you must agree to the following: </p> <p> These terms of use are a contract between you and/or your employer (if any), and Lawriter, LLC. </p> <p> You agree not to use any web crawler, scraper, or other robot or automated program or device to obtain data from the website. </p> <p> You agree that you will not sell or license anything that you download, print, or copy from this website.</p> <p> THIS WEBSITE AND ITS CONTENT ARE PROVIDED "AS IS." 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charset=UTF-16"> </HEAD> <div id="infobar"><a href="javascript:;" accesskey="r" Name="Route" title="Route" class="quickkey"><em class="mnemonic">R</em>oute </a>:<div class="searchtips" style="float:right;margin-right:10px;color: rgb(47, 79, 79);"> <a style="text-decoration:none;color: rgb(47, 79, 79);" title="search tips" name="searchtip" href="../help.aspx#searching" target="_blank"><em class="mnemonic">S</em>earch tips</a></div><ul class="breadcrumb"> <li><a href="/GAC" name="GAC" title="GAC">GA R&amp;R</a></li> <li>&raquo; <a href="/GAC/55" title="55">Department 55</a></li> <li>&raquo; Chapter 55-7</li> </ul> </div> </div><div id="doc" class="container"> <div id="doc-content" class="content"> <h1><nllchapter>Chapter 55-7 COMPANY REGISTRATION</nllchapter></h1> <h2><a href="/GAC/55-7-.01" name="55-7-.01" title="55-7-.01">Rule 55-7-.01 Full-time Auctioneer</a></h2> <P>A "full-time auctioneer licensed by the Commission" is:</P> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.01(a)">(a)</a></td> <td valign="top" style="text-align:left" class="leftalign"> an individual licensed by the Commission who owns the company; or</td> </tr> </table> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.01(b)">(b)</a></td> <td valign="top" style="text-align:left" class="leftalign"> an individual licensed by the Commission who is employed by the company and who works as an auctioneer exclusively for that company.</td> </tr> </table> <h2><a href="/GAC/55-7-.02" name="55-7-.02" title="55-7-.02">Rule 55-7-.02 Definition/Responsibilities of Auctioneer Directly Supervising the Company</a></h2> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.02(1)">(1)</a></td> <td valign="top" style="text-align:left" class="leftalign"> The auctioneer directly supervising the company is a full-time auctioneer licensed by the Commission who shall be responsible for the advertising and management of the sale, shall account for all proceeds therefrom and shall sign and issue a closing statement to the seller.</td> </tr> </table> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.02(2)">(2)</a></td> <td valign="top" style="text-align:left" class="leftalign"> Any circular or other advertisement advertising a sale shall contain the name and number of the full-time auctioneer directly supervising the company.</td> </tr> </table> <h2><a href="/GAC/55-7-.03" name="55-7-.03" title="55-7-.03">Rule 55-7-.03 Notarized Statement</a></h2> <P>A company applying for exemption from company registration must provide a notarized statement from the auctioneer owning or directly supervising the company stating:</P> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.03(a)">(a)</a></td> <td valign="top" style="text-align:left" class="leftalign"> That the auctioneer works as an auctioneer exclusively for the company and that he directly supervises the company or that the auctioneer owns the company; and</td> </tr> </table> <table border="0" width="100%" cellspacing="4" cellpadding="4"> <tr> <td valign="top" width="1%" style="white-space:nowrap;text-align:left;width:18px;"><a style="white-space:nowrap;" name="55-7-.03(b)">(b)</a></td> <td valign="top" style="text-align:left" class="leftalign"> the auctioneer's Georgia auctioneers license number.</td> </tr> </table> <h2><a href="/GAC/55-7-.04" name="55-7-.04" title="55-7-.04">Rule 55-7-.04 Loss of Auctioneer Directly Supervising the Company</a></h2> <P>A company that applies for and receives exemption from company registration must provide written notification to the Commission within 15 days of termination of ownership or the relationship between the company and the full-time auctioneer directly supervising the company. Furthermore, immediately upon such termination, the company must either register with the Commission or cease all business of auctioneering until such time as it retains a full-time auctioneer to directly supervise the company and is granted another exemption from the Commission upon compliance with Rule <a title="55-7-.03" href="55-7-.03">55-7-.03</a>.</P> </div> </div> </HTML> </div> <div id="toc" class="sidebar noprint"> <ul id="toc-children" class="children"><li><a href="/GAC/55-7-.01" name="55-7-.01" title="55-7-.01">Rule 55-7-.01 Full-time Auctioneer</a></li><li><a href="/GAC/55-7-.02" name="55-7-.02" title="55-7-.02">Rule 55-7-.02 Definition/Responsibilities of Auctioneer Directly Supervising the Company</a></li><li><a href="/GAC/55-7-.03" name="55-7-.03" title="55-7-.03">Rule 55-7-.03 Notarized Statement</a></li><li><a href="/GAC/55-7-.04" name="55-7-.04" title="55-7-.04">Rule 55-7-.04 Loss of Auctioneer Directly Supervising the Company</a></li></ul> </div> </div> <!--content ends here--> <div id="footer" class="noprint"><span class="footer">Copyright &copy; 2019 Lawriter LLC - All rights reserved.</span>| <a href="mailto:support@casemakerlegal.com?subject=Rules and Regulations of the State of Georgia">Email Us</a> | 844-838-0769 | <a href="http://livechat.casemakerlegal.com/client.php?locale=en" target="_blank" onclick="if(navigator.userAgent.toLowerCase().indexOf('opera') != -1 && window.event.preventDefault)window.event.preventDefault();this.newWindow = window.open('http://livechat.casemakerlegal.com/client.php?locale=en&url='+escape(document.location.href)+'&referrer='+escape(document.referrer), 'webim','toolbar=0,scrollbars=0,location=0,status=1,menubar=0,width=640,height=480,resizable=1');this.newWindow.focus();this.newWindow.opener=window;return false;">Live Chat</a> </div> </div> </body> </html>