Alabama Apprentice Auctioneer Bonds are an important part of the licensing process for auctioneers.
The Alabama State Board of Auctioneers is responsible for providing regulation to the auction business industry and protecting the public. In addition to providing regulation, the Board of Auctioneers provides administers the licensing process for apprentice auctioneers, auctioneers, reciprocal auctioneer, and non-resident auctioneers.
Title 34-4 of the Code of Alabama defines the Auctioneer License Act requirements. The following is required for licensure:
1. Completion of the Application for Licensure (ASBA Form 2) and payment of the license fee
2. Complete the Statement to the Board (ASBA Form I) and Qualifying Questionnaire (ASBA 3)
3. Obtain a $10,000 surety bond
4. Submit two Affidavit of Endorsement forms (ASBA 4)
5. Register (ASBA 5) and take the examination
6. Secure a sponsoring auctioneer and complete the Sponsoring Auctioneer Affidavit (ASBA 6)
7. Complete the Criminal History Consumer Report form
8. Provide proof of citizenship
The premium you pay for an Alabama Apprentice Auctioneer Bond is dependent on credit..
Alabama Apprentice Auctioneer applicants must be 18 years of age or older and a US citizen.
Let our Surety Bond Specialists assist you with your bond needs.
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