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Ohio · Through 2005-05-06 (Senate Bill 209 - 125th General Assembly)

Ohio Rev. Code § 4707.022: Reserve auction presumed - absentee bidding - agent of owner or consignee.

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Where this section sits in the code
  1. Title 47 Occupations-Professions
  2. Chapter 4707 Auctioneers

(A) An auction shall be a reserve auction unless explicitly stated otherwise in the contract for the auction and in the terms and conditions governing the auction. For purposes of a reserve auction, there need not be an announcement or indication that the reserve is attained.

(B) A person licensed under this chapter shall not use absentee bidding unless the owner of the real or personal property being sold provides prior written permission to use absentee bidding.

(C) A person licensed under this chapter shall be an agent of the owner or consignee of the real or personal property for purposes of all aspects of the auction.

Collected 2026-09-14T19:24:37Z. Source file · JSON

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