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Exam (elaborations)

Arkansas Auctioneers Licensing Board Regulations (2) - Questions With Solutions

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Arkansas Auctioneers Licensing Board Regulations (2) - Questions With Solutions

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Arkansas Auctioneers Licensing Board Regulations (2)
- Questions With Solutions

Denial of application Correct Answer - Application denial notification
includes hearing opportunity.

Hearing request Correct Answer - Applicant must request hearing within
30 days.

Burden of proof Correct Answer - Applicant must prove entitlement to
license.

Annual license renewal Correct Answer - Licenses expire annually on June
30.

Renewal fee Correct Answer - License renewal fee is $100.00.

Continuing Education Correct Answer - Six hours required for license
renewal.

Late renewal grace period Correct Answer - 120 days after June 30 for
late renewal.

Final notice for late renewal Correct Answer - Notice sent by September 1
for renewal deadline.

Lapsed license Correct Answer - License not renewed by October 31 is
lapsed.

Reinstatement of lapsed license Correct Answer - Reinstatement allowed
within two months post-deadline.

Revocation of lapsed license Correct Answer - License revoked after two
months of lapse.

Military late renewal Correct Answer - One-year extension for active-duty
military personnel.

, Disaster relief renewal Correct Answer - No CE hours required for
disaster relief workers.

Course approval Correct Answer - Continuing education courses must be
Board-approved.

Verification of education Correct Answer - Licensee must provide proof of
continuing education.

Evidence retention Correct Answer - Retain course evidence for 12
months post-renewal.

Course sponsor application Correct Answer - Written application required
for course sponsor approval.

Course content outline Correct Answer - Outline of subjects required for
course sponsor approval.

Instructor qualifications Correct Answer - Instructors must meet specific
qualification standards.

Certificate of completion Correct Answer - Course sponsors must provide
completion certificates.

Curriculum approval Correct Answer - Approval required for course
speakers and agenda.

Minimum course hours Correct Answer - At least six hours of instruction
required.

Approval date Correct Answer - Sponsors approved from date of Board
approval.

Course outline submission Correct Answer - Course outlines must be
submitted for approval.

Penalty for late renewal Correct Answer - Late renewal fee doubles after
October 31.

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