Section SPS 121.04 - Renewal of registration(1) AUCTIONEER. (a) Except as provided in s. SPS 121.05, the department shall renew the credential of an auctioneer who files a completed application for renewal of registration before the renewal date, as defined in s. 440.01(1) (dm), Stats., if all of the following conditions are satisfied: 1. The applicant has paid the renewal fee specified in s. 440.08(2) (a)14r., Stats.2. The applicant continues to meet the registration criteria in s. 480.08(2) (a) to (d), Stats.(b) Except as provided in s. SPS 121.05, the department shall renew the credential of an auctioneer who files a completed application for renewal of registration after the renewal date, as defined in s. 440.01(1) (dm), Stats., but less than 5 years after the renewal date, if all of the following conditions are satisfied: 1. The applicant has paid the renewal fee specified in s. 440.08(2) (a)14r., Stats., and the late renewal fee specified in s. 440.08(3), Stats.2. The applicant continues to meet the registration criteria in s. 480.08(2) (a) to (d), Stats.(c) The department shall renew the credential of an auctioneer who files a completed application for renewal of registration 5 years or more after the renewal date, as defined in s. 440.01(1) (dm), Stats., if the following conditions are satisfied: 1. The applicant has paid the renewal fee specified in s. 440.08(2) (a)14r., Stats., and the late renewal fee specified in s. 440.08(3), Stats.2. The applicant continues to meet the registration criteria in s. 480.08(2) (a) to (d), Stats.3. The applicant has taken and passed the registration examination within one year prior to the date of the application for renewal of registration.(2) AUCTION COMPANY. (a) Except as provided in s. SPS 121.05, the department shall renew the credential of an auction company which files a completed application for renewal of registration before the renewal date, as defined in s. 440.01(1) (dm), Stats., if all of the following conditions are satisfied: 1. The applicant has paid the renewal fee specified in s. 440.08(2) (a)14g., Stats.2. The applicant continues to meet the registration criteria in s. 480.08(3) (a) to (d), Stats.(b) Except as provided in s. SPS 121.05, the department shall renew the credential of an auction company which files a completed application for renewal of registration at any time after the renewal date, as defined in s. 440.01(1) (dm), Stats., if all of the following conditions are satisfied: 1. The applicant has paid the renewal fee specified in s. 440.08(2) (a)14g., Stats., and the late renewal fee specified in s. 440.08(3), Stats.2. The applicant continues to meet the registration criteria in s. 480.08(3) (a) to (d), Stats.Wis. Admin. Code Department of Safety and Professional Services SPS 121.04
Cr. Register, June, 1995, No. 474, eff. 7-1-95; am. (1) (c) 3., Register, July, 1999, No. 523, eff. 8-1-99; correction in (1) (a) (intro.), (b) (intro.), (2) (a) (intro.), (b) (intro.) made under s. 13.92(4) (b) 7, Stats., Register November 2011 No. 671.