49 Pa. Code § 1.25. Application for auctioneer license for partnerships, associations or corporations.

§ 1.25. Application for auctioneer license for partnerships, associations or corporations.

(a)  A partnership applying for licensure shall submit, in addition to the application, a statement indicating whether a member has been convicted of forgery, embezzlement, obtaining money under false pretenses, extortion, criminal conspiracy to defraud or other like offense in the past 5 years.
(b)  An association applying for licensure shall submit, in addition to the application, a statement indicating whether a member, officer or employe has been convicted of forgery, embezzlement, obtaining money under false pretenses, extortion, criminal conspiracy to defraud or other like offense in the past 5 years.
(c)  A corporation applying for licensure shall submit, in addition to the application, a statement indicating whether an officer, employe or stockholder who either directly or indirectly exercises a controlling interest has been convicted of forgery, embezzlement, obtaining money under false pretenses, extortion, criminal conspiracy to defraud or other like offenses in the past 5 years.

Authority

   The provisions of this §  1.25 issued under sections 3(c), 5(c) and 32 of The Auctioneer and Auction Licensing Act (63 P. S. § §  734.3(c), 734.5(c) and 734.32).

Source

   The provisions of this §  1.25 adopted June 23, 1989, effective June 24, 1989, 19 Pa.B. 2655.

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