480.02 Applicability.
(1) This chapter applies after February 28, 1995.
(2) This chapter does not apply to any of the following:
(a) An auction conducted by or under the direction of an official of the United States or of this state or a county, city, village or town in this state.
(b) An auction required by a court order or judgment.
(c) A sale of goods or real estate required by law to be a sale by auction.
(d) An auction conducted by the owner of the goods or real estate for sale if the owner has held the goods or real estate for his or her personal use for at least one year immediately preceding the date of the auction.
(e) An auction conducted by or under the direction of a religious, fraternal or benevolent society, a school or a nonprofit organization.
(f) An auction conducted by or under the direction of a political organization or candidate if the proceeds of the auction will be used for political purposes.
(g) An auction in which the total appraised value of the goods or services for sale is less than $500.
(h) Fur auctions and fur auctioneers licensed by the department of natural resources under ch. 29.
(i) Motor vehicle auction dealers licensed by the department of transportation under subch. VIII of ch. 218.
(j) A person, other than a licensee as defined in s. 452.01 (5), who conducts an auction, or manages or has primary responsibility for handling sales proceeds, downpayments, earnest money deposits or other trust funds received at or as a result of an auction, while lawfully practicing within the scope of a license, permit or certificate granted to that person by a state governmental agency other than the department.
History: 1993 a. 102.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.