3-8-11: SPECIFIC REGULATION OF CLASS 3 AUCTIONS:

In addition to the other auction regulations set forth in this chapter, all Class 3 auctions shall also comply with the following regulations and requirements:

   A.   Days; Limitation: All closing out auctions, as defined in this chapter, shall be held on successive days, Sundays and legal holidays excepted, and shall not continue for more than thirty (30) days in all from the commencement of said sale.

   B.   Replenishing Stock Prohibited; Itemized Statement: It shall be unlawful for any person during the progress of such sale to replenish his stock by substitution, "fill-ins", leaders or goods of any character whatsoever, and at the close of each day's business and before the opening of the next day's sale, the licensee shall file with the Clerk an itemized list of the articles sold on the previous day's sale, which list shall identify such articles on the inventory filed with the application as heretofore provided.

   C.   Failure To File Sales List: Failure to file such sales list shall be deemed a violation of this chapter and the right to conduct further sale under such license shall be suspended during such delinquency; provided, that the full time list shall continue to run during such delinquency. (1952 Code § 5-30-08; amd. 2019 Code)