21 NCAC 04B .0819. ALTERNATIVE COMPLIANCE

(a)  An auctioneer, apprentice auctioneer, or designated person of an auction firm who is unable to attend a Board-approved course and obtain the requisite hours of instruction established by the Board may apply to the Board for alternative compliance.

(b)  A written request for alternative compliance shall be received by the Board by May 15 of the year in which the requisite hours of instruction are to be completed.

(c)  If approved, the course of instruction shall be completed prior to license renewal and shall be exempt from the late fee.

(d)  Alternative compliance shall include:

(1)           Academic courses at a community college, junior college, or college or university located in this State and accredited by the Southern Association of Colleges and Schools in any of the following topics:

(A)          Accounting;

(B)          Finance;

(C)          Business Management;

(D)          Business Law;

(E)           Economics;

(F)           Marketing;

(G)          Computer Science;

(H)          Sales; or

(I)            Enhancing Personal or Professional Skills.

(2)           Completion of any non-real estate appraisal course with evidence of successful completion; and

(3)           Publication of an article in professional journal of general circulation among the membership of the profession.

 

History Note:        Authority G.S. 85B-4(e1);

Temporary Adoption Eff. January 1, 2000;

Eff. April 1, 2001;

Amended Eff. May 1, 2006.