Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 44. Trade and Commerce |
Chapter 9. TRADE PRACTICES GENERALLY |
Article 2. Miscellaneous Fraudulent Practices |
Sec 44-1218. Fraudulent or mock auction; classification; forfeiture of license and disqualification of auctioneer
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A. A person who obtains money or property from another, or obtains the signature of another to a written instrument, the false making of which would be forgery, by means of a false or fraudulent sale of property or pretended property by auction, or by any practice known as a mock auction, is guilty of a class 6 felony.
B. A person convicted of a violation of subsection A of this section shall forfeit his license as auctioneer, and shall be forever disqualified from receiving a license to act as auctioneer.