New Hampshire changes its rules for auction licensing Jan. 1.
Legislators in September passed House Bill 598, which places new controls on the way in which Auctioneers are regulated in the state, in particular focusing on licensing law related to selling assets via the Internet and through benefit auctions.
The New Hampshire Board of Auctioneers has worked along with the New Hampshire Auctioneers Association to revise the law for more than three years. The association’s President, Russ Abbott of the Atlantic Auction Co., Chichester, N.H., says the law had not had a significant rewrite since the late 1960s.
The new law places restrictions on individuals who help others sell assets on websites such as eBay. Abbott says if “online trading assistants” want to promote their services as auctions or a type of auctioneering, they must now attain auction licenses.