(1) "Auction" means the offering of real or personal property for sale by means of exchanges between an auctioneer and bidders.

(2) "Auctioneer" means a person who, for a fee or other compensation, conducts, advertises, or offers services to conduct auctions. Not included in this definition are persons required or authorized by law to sell real or personal property to retailers or merchants.

(3) "Director" means the Director of the Office of Professional Regulation.

(4) "Disciplinary action" means any action taken by an administrative law officer established under 3 V.S.A. § 129(j) against a licensed auctioneer or an applicant. It includes all sanctions of any kind, including the denial of licensure and the issuance of warnings, reprimands, conditions, suspensions, or revocations of licensure. (Added 2001, No. 151 (Adj. Sess.), § 43, eff. June 27, 2002; amended 2003, No. 60, § 34; 2005, No. 27, § 112; 2013, No. 27, § 47.)