KRS 330.095: Reciprocal licensing without examination -- Continuing education

requirements.

(1) An individual holding an auctioneer license from the proper authority of a state,

territory, or possession of the United States of America or the District of Columbia

that has licensing requirements equal to or substantially equivalent to the

requirements in this state, and where reciprocal licensing privileges are granted to

residents of this state, may obtain an auctioneer license without examination and

pre-license education if:

(a) The board has entered into a valid reciprocal agreement with the proper

authority of the state, territory, or possession of the United States of America

or the District of Columbia from which the nonresident applicant has a valid

license;

(b) The applicant submits to the board the completed reciprocal application,

including the irrevocable consent described in KRS 330.060, and the license

and exam verification from a reciprocal state; and

(c) The applicant pays the applicable reciprocal fee:

1. The initial reciprocal fee shall be the greater of:

a. The sum total of the initial license and recovery fees charged by

the applicant's reciprocal state to a Kentucky resident for an initial

reciprocal license; or

b. The sum total of the current initi al license and recovery fees

assessed by the board to a nonreciprocal Kentucky licensee; and

2. The renewal reciprocal fee shall be the greater of:

a. The sum total of the renewal license and recovery fees charged by

the applicant's reciprocal state to a Kentucky resident for a renewal

reciprocal license; or

b. The sum total of the current renewal license and recovery fees

assessed by the board to a nonreciprocal Kentucky licensee.

(2) If a licensee is issued a Kentucky reciprocal license via a jurisdiction that has

continuing education requirements, the Kentucky reciprocal licensee shall be

exempt from reporting continuing education. If a licensee is issued a Kentucky

reciprocal license via a jurisdiction that does not have a continuing education

requirement, the Kentucky reciprocal licensee shall report continuing education

pursuant to KRS 330.070.

(3) Disciplinary sanctions against a reciprocal licensee imposed by any licensure

jurisdiction may be grounds for disciplinary action by the board.