Discover the Newest Premier Destination for Listing Your Sales
Find Auctions, Estate Sales, and More for the Public!
Welcome to Our Information Community Website
Home / Laws / Alabama / Auction Laws / Alabama Law On Auctioneers Taking Rebate

Filter

Alabama Law Categories

Dropdown Button
Alabama Law On Auctioneers Taking Rebate

Alabama Law On Auctioneers Taking Rebate

Code of Alabama
Title 8. Commercial Law and Consumer Protection. (Refs &Annos)
Chapter 11. Rebates, Discounts, Drawbacks, Return Commissions, Gifts or Gratuities.

§ 8-11-5. Taking rebate, etc., by factor, commission merchant, broker, attorney, auctioneer, or agent.
Any factor, commission merchant, broker, attorney, auctioneer, architect, or agent who is employed or authorized to sell the property of another or to contract for, survey, locate, estimate for, or superintend any work and who demands, asks for, bargains for, agrees to take, takes, or receives, directly or indirectly, from the purchaser, contractor, or any person who is employed to store, move, handle, transport, insure, repair, or do any act or service in or about the taking care of, preserving, and marketing such property any rebate, discount, drawback, return commission, gift, or gratuity, who charges his principal on account of any one or more of the above enumerated services more than he actually paid therefor or who buys any property or thing for his principal and charges his principal more than he actually paid therefor, must be punished on conviction as if he had stolen it.

Cite as Ala. Code § 8-11-5


Added On: 13-Jan-2014