LAC 46:III.1117. Qualifications for Licensing as an Apprentice Auctioneer

A. In order to qualify as an apprentice auctioneer, the applicant must comply with the following. 1. The applicant must be at least 18 years of age and have a high school diploma or its equivalent. 2. The applicant must be a legal resident of the state of Louisiana. 3. The apprentice applicant must have worked in the auction business for a minimum of one year prior to application for an apprenticeship. 4. The applicant must submit the following: a. an application for licensing on a form to be provided by the board; b. a good and sufficient surety bond executed by the applicant as principal and by a surety company qualified to do business in the state of Louisiana as surety in the amount of $10,000, which shall be delivered to the board at the time of the initial license application (see §1201); c. a certified copy of voter registration or other appropriate proof of residency; d. application fee in the sum of $100; e. a form signed by the supervising Louisiana resident licensed auctioneer stating that the apprentice will be serving under him for the term of one year; f. a copy of the rules and regulations signed by both the apprentice and the supervising auctioneer. 5. The apprentice must work under a Louisiana licensed auctioneer during his one-year training period who has qualified as a supervising auctioneer pursuant to §1118 of this Chapter.