CHAPTER 597

An Act to amend and reenact § 54-795, as amended, of the Code of
Virginia, relating to the regulation of certain auction sales.

[H 661]
Approved April 4, 1968

Be it enacted by the General Assembly of Virginia:

1. That § 54-795, as amended, of the Code of Virginia be amended and
reenacted as follows:

§ 54-795. When auction sales prohibited; exceptions.—Except as
hereinafter provided, it shall be unlawful for any person, firm or corpora-
tion to sell, dispose of or offer for sale in the State at public auction, or
cause or permit to be sold, disposed of or offered for sale at public auction
in the State, any diamonds or any other precious or semiprecious stones
or imitations thereof, watches, clocks, jewelry, gold, silver, or plated ware,
china, glassware, art goods, rugs, tapestries or leather goods, whether the
same shall be their own property or whether they sell the same as agents
or employees of others; provided, however, that this * article with the
exception of §§ 54-801, 54-806, 54-807 and 54-808, shall not apply to
judicial sales or sales by any executor, administrator, or trustee under
deed of assignment; nor to sales by or in behalf of licensed pawnbrokers
in the manner prescribed by law; nor regularly established auction com-
pany having been in business continuously for five years. It shall be
lawful for any person, firm or corporation that has been continuously
in business in the same city, town or county in this State as a retail
or wholesale merchant at a regularly established place of business for
the two years next preceding the sale, and dealing in such articles, to
sell at public auction the stock on hand of such articles, provided that
such person, firm or corporation shall comply with and be subject to all
of the provisions of §§ 54-796 through 54-808, and provided, further, that
when such auction sales as are allowed under this article shall be held by
such merchant, such sales shall be held continuously from day to day, and
shall not continue longer than thirty days, Sundays and legal holidays
excepted; nor shall the same dealer, either by himself or another, conduct
another auction sale in connection with such business for a period of
twelve months from the last date of a former sale.