As Amended
SEC. 73-4-39. Requirement of written contract for sale of goods; time period for retention of contract.
Except with respect to goods sold through an auction gallery, no licensee shall sell goods at an auction until the auctioneer or auction gallery involved has first entered into a written contract with the owner or consignor of such goods, which contract sets forth the terms and conditions upon which such auctioneer or auction gallery accepts the goods for sale. A copy of every written contract shall be retained for a period of two (2) years from the date of the auction.
SOURCES: Laws, 1995, ch. 405 Sec. 20, eff from and after July 1, 1995