Section 311-B:2 State Board of Auctioneers.
I. There is hereby established a state board of auctioneers consisting of 5 members, including 4 auctioneers and one public member, appointed by the governor with the advice of the council for terms of 5 years. Terms shall expire March 1. All board members shall be residents of this state and no board member shall serve more than 2 consecutive terms.
II. The public member of the board shall be a person who is not, and never was, a member of the auctioneering profession or the spouse of any such person, and who does not have, and never has had, a material financial interest in either the provision of such professional services or an activity directly related thereto, including the representation of the board or profession for a fee at any time during the 5 years preceding appointment.
III. The board shall elect a chairman and secretary from among its members. The secretary shall quarterly submit minutes of board meetings and reports of board activities to the secretary of state.
IV. All board members shall serve without compensation.
Source. 1969, 469:1. 1981, 491:3, eff. July 1, 1981.