- Summary
- Actions
- Floor Votes
- Memo
- Text
A01317 Summary:
BILL NO | A01317 |
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SAME AS | SAME AS S07324 |
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SPONSOR | Brodsky |
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COSPNSR | |
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MLTSPNSR | |
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Add SS29 & 29-a, Gen Bus L | |
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Prohibits the acceptance of chandelier bids or sham bids by auctioneers without disclosure; requires "for the consignor" identification of such bids; requires that property advertised to be sold at auction regardless of price ("absolute auction") shall be sold to the highest bidder; requires disclosure of "auction house bids" and prohibits acceptance of a bid made by or on behalf of the owner or consignor of such property. |