Connecticut Auction and Auctioneer Laws
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Generally, an Ordinance Regulating Public Sale of Goods, Which has Reasonable Relation to the Public Health, Safety, Morality, and Welfare and that is not Arbitrary, Prohibitive or Discriminatory is Held Valid
The Supreme Court of Connecticut in State v. Gordon, 143 Conn. 698 (Conn. 1956) held that the legislative body has the power and authority to adopt an ordinance as required. However, to be valid, the legislation should be related to public health and welfare and must not be arbitrary, prohibitive or discriminatory. This case involved an ordinance which regulated auction sales. Wh...
An Auctioneer may Commingle his/her Funds With Those of his/her Principal When the Parties Share a Debtor-Creditor Relationship
In Mystic Color Lab, Inc. v. Auctions Worldwide, LLC, 284 Conn. 408 (Conn. 2007), the Supreme Court of Connecticut held that an auctioneer may not be held liable for conversion or statutory theft when the auctioneer and principal shared only a debtor-creditor relationship. Tthe agreement between the auctioneer and the seller did not contain any language requiring segregation of the auction p...
Penalty for Selling at Auction Without License - Connecticut
Connecticut General Statutes Annotated Title 21. Licenses Chapter 403. Auctioneers § 21-1. Penalty for selling at auction without license Each person who exposes for sale by auction any goods or articles, except provisions, charcoal, wood, the products of a farm and secondhand household furniture, in any town, city or borough of which he is not a resident, without a license therefor from ...
When Sale of Auction Lot Final Connecticut
Connecticut Statutes Title 42A. UNIFORM COMMERCIAL CODE Article 2. SALES Current through the 2013 Legislative Session § 42a-2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by auction is complete when the auctioneer so announces by the fall of the hammer or in other cu...
Reserve and Without Reserve Auctions Connecticut
Connecticut Statutes Title 42A. UNIFORM COMMERCIAL CODE Article 2. SALES Current through the 2013 Legislative Session § 42a-2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by auction is complete when the auctioneer so announces by the fall of the hammer or in other cu...
Items 1 - 5 of 5
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Items 1 - 5 of 5
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