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New York · Through 2026-09-11

N.Y. General Business Law § 25: Records to be kept by auctioneers

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Where this section sits in the code
  1. General Business Law
  2. Article 3. Auctions and Auctioneers

§ 25. Records to be kept by auctioneers. Every auctioneer or person

engaged in the business of selling goods at auction, whether acting in

his own behalf or as the officer, agent or representative of another,

shall, upon the receipt or acceptance by him of any goods for the

purpose of sale at auction, and before offering the same or any part

thereof for sale at auction, write or cause to be written in a book to

be kept by him for the purpose, the name and address of the person who

employed him to sell such goods at auction, the name and address of the

person for whose benefit, behalf or account such goods are to be sold at

auction; the name and address of the person from whom such auctioneer

received or accepted such goods; the name and address of the person who

was the owner, the authorized agent of the owner or the consignor of

such goods immediately prior to the receipt or acceptance for the

purpose of sale at auction of the same by such auctioneer; the location,

with street and number, if any, of such goods immediately prior to the

receipt or acceptance of the same by such auctioneer for the purpose of

sale at auction; the date of the receipt or acceptance by such

auctioneer of such goods for the purpose of sale at auction; the place,

with street and number, if any, in which such goods are to be held, kept

or stored until sold or offered for sale at auction; the place, with

street and number, if any, in which such goods are to be sold or offered

for sale at auction; a description of such goods, the quantity thereof

and the distinctive marks thereon, if any; the terms and conditions upon

which such auctioneer receives or accepts such goods for sale at

auction. The expression "goods" as used in this section signifies any

goods, wares, works of art, commodity, compound or thing, chattels,

merchandise or personal property which may be lawfully kept or offered

for sale, but shall not include goods damaged at sea or by fire and sold

or to be sold for the benefit of the owners, insurers or for the account

of whom it may concern or goods sold by virtue of judicial decree. The

word "person" as used in this section includes a corporation,

joint-stock association or copartnership. Nothing herein shall apply to

the sale of real property at auction. The foregoing records shall be in

addition to any other records required to be kept pursuant to the

uniform commercial code.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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