Delaware Auction and Auctioneer Laws
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Items 1 - 7 of 7
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Holding Several Auction Sales in the State of Delaware Constitutes Sufficient Business Transaction to Bring the Corporate Seller within the Requirements of Subchapter XVI, Chapter 1, Title 8 of the Delaware Code
In Wier v. Fairfield Galleries, Inc., 377 A.2d 28 (Del. Ch. 1977), the Delaware Court of Chancery held that a corporation conducting several auction sales in Delaware can be said to have engaged in sufficient business transactions to fall within the requirements of Del. Code Ann. tit. 8, § 371(b). In this case, the Plaintiff brought an action to permanently enjoin two corporate defend...
Under Delaware law, a statute of limitations is calculated from the time of the wrongful act, even if the Purchaser in Auction Sales is ignorant of the cause of action
The Court of Chancery of Delaware, New Castle , in Krahmer v. Christie's, Inc., 911 A.2d (2006 Del) held in this case that the purchaser’s cause of action began to accrue from the day the purchaser purchased the painting from the auction house. According to the Delaware law, the general statutes of limitations of three years apply in this case. And the statute of limitat...
Wine Auction Laws in Delaware
Title 4. Alcoholic Liquors Chapter 5. Licenses and Taxes Subchapter II. Purchase, Sale and Dispensing § 512D. Wine auctions (a) Subject to the provisions, restrictions and prohibitions of this title, the Commissioner may grant a wine auction license to each qualified applicant therefor. No person shall operate a wine auction unless licensed to do so by the Commissioner. For purposes...
State Police May Employ Auctioneer Delaware
Delaware Statutes Title 11. Crimes and Criminal Procedure Chapter 83. STATE POLICE Subchapter I. General Provisions Current through 2013 Legislative Session, Act Chapter 185 § 8307. Disposition of lost or stolen property or money (a) Whenever any personal property of any kind, except money, comes into the custody of the State Police and the person entitled to possessi...
Auctioneer Exemption from Real Estate License Delaware
Delaware Statutes Title 24. Professions and Occupations Chapter 29. REAL ESTATE SERVICES, BROKERS, ASSOCIATE BROKERS AND SALESPERSONS Subchapter I. General Provisions Current through 2013 Legislative Session, Act Chapter 185 § 2901. License requirements; exemptions (a) No person shall engage in the practice of providing real estate services or hold himself or herself ...
When Sale of Auction Lot Final Delaware
Delaware Statutes Title 6. Commerce and Trade Subtitle I. Uniform Commercial Code Article 2. SALES Part 3. General Obligation and Construction of Contract Current through 2013 Legislative Session, Act Chapter 185 § 2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by ...
Reserve and without Reserve Auctions Delaware
Delaware Statutes Title 6. Commerce and Trade Subtitle I. Uniform Commercial Code Article 2. SALES Part 3. General Obligation and Construction of Contract Current through 2013 Legislative Session, Act Chapter 185 § 2-328. Sale by auction (1) In a sale by auction if goods are put up in lots each lot is the subject of a separate sale. (2) A sale by ...
Items 1 - 7 of 7
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Items 1 - 7 of 7
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