IL Auctioneer Practice Questions - Illinois Licensed Auctioneer Exam

What is the purpose of Article 30 of the Illinois Auction License Act (225 ILCS 407)?

To establish continuing education requirements To set forth administrative provisions, including Department powers, rulemaking, and the Auction Advisory Board To set licensing fees for individual auctioneers To define auction terminology

Correct Answer:

To set forth administrative provisions, including Department powers, rulemaking, and the Auction Advisory Board

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