(1) An auctioneer must
not conduct a trade auction unless a notice in the prescribed form is attached
to the vehicle and has been attached to the vehicle at all times when the
vehicle has been available for inspection by prospective bidders.
Maximum penalty: $5 000.
Expiation fee: $315.
(2) A person who
advertises a trade auction must include in the advertisement a statement in
the prescribed form.
Maximum penalty: $5 000.
Expiation fee: $315.