Item Value Tag Required for Some Auctions

Florida Statutes
Title XXXIII. REGULATION OF TRADE, COMMERCE, INVESTMENTS, AND SOLICITATIONS
Chapter 559. REGULATION OF TRADE, COMMERCE, AND INVESTMENTS, GENERALLY
Part III. FIRE AND GOING-OUT-OF-BUSINESS SALES AND AUCTIONS
Current through 2013 Legislative Session
§ 559.27. Tag required reflecting value of item offered for sale at auction

(1)     At all auctions of goods at public outcry, the auctioneer or her or his agent shall place or cause to be placed upon each item to be offered at auction a tag showing the value attributed to the item at the time it is offered. Such tag shall remain affixed to the item and shall be delivered to the buyer along with the item at the time of sale.
(2)     The provisions of this section shall not apply:
(a)     To agricultural commodities, livestock, agricultural equipment, automobiles, or other items of goods which are most commonly marketed at auction;
(b)     When a value is not expressed by the auctioneer as a guide to the bidder; or
(c)     To auctions held as a result of court action.
(3)     Violation of this section shall be a misdemeanor of the second degree, punishable as provided in s. 775.082 or s. 775.083.
Cite as Fla. Stat. s 559.27

History. ss. 1, 2, 3, ch. 70-151; s. 555, ch. 71-136; s.813, ch. 97-103.