Jurisdiction: Auctions
The Compliance Division enforces state laws that govern auctioneers and auction clerks.
Chapter 51-05.1 of the North Dakota Century Code requires that people be licensed and bonded before they function as an auctioneer or auction clerk in the state. The Commission is responsible for administering these laws and thereby ensuring that people who buy or sell merchandise at public auctions are treated fairly.
Auctioneers and auction clerks are licensed on an annual basis and must maintain performance bonds of $5,000 and $10,000, respectively.