{"@id":"https://credentialengineregistry.org/resources/ce-49c86eeb-8c33-4f6a-9460-356075e8cfdd","@type":"ceterms:License","@context":"https://credreg.net/ctdl/schema/context/json","ceterms:ctid":"ce-49c86eeb-8c33-4f6a-9460-356075e8cfdd","ceterms:name":{"en-US":"Arkansas Resident Auctioneer's License"},"ceterms:ownedBy":["https://credentialengineregistry.org/resources/ce-b232a0d5-3a09-4a8e-b47b-3379035a0ea9"],"ceterms:renewal":[{"@type":"ceterms:ConditionProfile","ceterms:name":{"en-US":"Continuing Education Units"},"ceterms:description":{"en-US":"As a prerequisite to renewal of an auctioneer license, the licensee shall satisfactorily complete six (6) hours of continuing education from an auctioneer continuing education course approved by the Board. Correspondence courses may qualify for continuing education credit. Such correspondence course must be approved by the Board. For complete information see section 13 of the rules and regulations. \n\nAuctioneer Law provides for an exemption to continuing education courses once you have attained the age of fifty-five (55) years AND have been licensed by the Arkansas Auctioneers Licensing Board for ten (10) consecutive years."},"ceterms:subjectWebpage":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/continuing-education/"},{"@type":"ceterms:ConditionProfile","ceterms:name":{"en-US":"License Renewal"},"ceterms:description":{"en-US":"June 30th of each year after issuance. A one hundred twenty (120) day grace exists for payment of renewals. Penalty fee of double the renewal fee will apply if renewal is post-marked after October 31st each year."},"ceterms:subjectWebpage":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/faqs/"}],"ceterms:requires":[{"@type":"ceterms:ConditionProfile","ceterms:name":{"en-US":"Qualifications and Examination"},"ceterms:description":{"en-US":"Qualifications and Examination. \n(a) Auctioneer licenses shall be granted only to persons who are found to be of good reputation, trustworthy, and competent to transact the business of an auctioneer, in such a manner as to safeguard the interest of the public. \n(b) The Auctioneer's Licensing Board is authorized to require information from every applicant to determine the applicant's honesty and truthfulness. \n(c) (1) In addition to proof of honesty, truthfulness, and good reputation, an examination conducted by the board or its authorized representatives shall be held four (4) times each year, and an examination fee of one hundred dollars ($100) shall be collected from each applicant to defray the expenses of the examination. \n(2) The examination shall include questions on ethics, reading, writing, spelling, elementary arithmetic, and a general knowledge of the laws of Arkansas and the Arkansas Code, including, but not limited to, contracts of sale, agency, leases, auctions brokerage, and the provisions of the Uniform Commercial Code, Sec. 4-1-101 et seq. \n(d) In addition to the other qualifications provided for by this chapter, every applicant for an auctioneer's license shall be at least eighteen (18) years of age. Every application for a license shall be submitted on forms prepared by the board."},"ceterms:subjectWebpage":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/licensing-exam-info/"}],"ceterms:inLanguage":["en"],"ceterms:description":{"en-US":"License required to be a Resident Auctioneer in Arkansas"},"ceterms:industryType":[{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://www.census.gov/naics/","ceterms:targetNode":"https://www.census.gov/naics/?input=561990\u0026year=2022\u0026details=561990","ceterms:codedNotation":"561990","ceterms:frameworkName":{"en-US":"NAICS"},"ceterms:targetNodeName":{"en-US":"All Other Support Services"},"ceterms:targetNodeDescription":{"en-US":"All Other Support Services"}}],"ceterms:estimatedCost":[{"@type":"ceterms:CostProfile","ceterms:name":{"en-US":"Cost Profile"},"ceterms:price":100.0,"ceterms:currency":"US Dollar","ceterms:costDetails":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/faqs/","ceterms:description":{"en-US":"This information pertains to initial license and renewal fees."},"ceterms:directCostType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CostType","ceterms:targetNode":"costType:Application","ceterms:frameworkName":{"en-US":"Cost Type"},"ceterms:targetNodeName":{"en-US":"Application"},"ceterms:targetNodeDescription":{"en-US":"Cost of applying for the resource being described."}}},{"@type":"ceterms:CostProfile","ceterms:name":{"en-US":"Cost Profile"},"ceterms:price":100.0,"ceterms:currency":"US Dollar","ceterms:costDetails":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/faqs/","ceterms:description":{"en-US":"This information pertains to initial license and renewal fees."},"ceterms:directCostType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CostType","ceterms:targetNode":"costType:RenewalFee","ceterms:frameworkName":{"en-US":"Cost Type"},"ceterms:targetNodeName":{"en-US":"Maintenance Fee"},"ceterms:targetNodeDescription":{"en-US":"Cost for maintenance or renewal of the resource being described."}}}],"ceterms:occupationType":[{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://www.onetcenter.org/taxonomy.html","ceterms:targetNode":"https://www.onetonline.org/link/summary/41-9099.00","ceterms:codedNotation":"41-9099.00","ceterms:frameworkName":{"en-US":"Standard Occupational Classification"},"ceterms:targetNodeName":{"en-US":"Sales and Related Workers, All Other"},"ceterms:targetNodeDescription":{"en-US":"All sales and related workers not listed separately."}}],"ceterms:subjectWebpage":"https://labor.arkansas.gov/licensing/arkansas-auctioneers-licensing-board/","ceterms:renewalFrequency":"P12M","ceterms:credentialStatusType":{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://credreg.net/ctdl/terms/CredentialStatus","ceterms:targetNode":"credentialStat:Active","ceterms:frameworkName":{"en-US":"Credential Status"},"ceterms:targetNodeName":{"en-US":"Active"},"ceterms:targetNodeDescription":{"en-US":"Awards of the credential are ongoing."}},"ceterms:instructionalProgramType":[{"@type":"ceterms:CredentialAlignmentObject","ceterms:framework":"https://nces.ed.gov/ipeds/cipcode/Default.aspx?y=56","ceterms:targetNode":"https://nces.ed.gov/ipeds/cipcode/cipdetail.aspx?y=56\u0026cip=52.1901","ceterms:codedNotation":"52.1901","ceterms:frameworkName":{"en-US":"Classification of Instructional Programs"},"ceterms:targetNodeName":{"en-US":"Auctioneering"},"ceterms:targetNodeDescription":{"en-US":"A program that prepares individuals for professional careers as auctioneers and auction managers, and for meeting applicable state licensing requirements.  Includes instruction in bid calling, public speaking, ringworking, auction techniques, salesmanship skills, auction clerking and cashiering, auction advertising, working independently or with auction houses, contracts and agency, applicable sales law, and managing both general auctions and auctions specializing in commodities such as antiques, consignments, farm equipment, industrial equipment, real estate, livestock, and automobiles."}}]}