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N.Y. Gen. Bus. Law § 21

Commissions; penalty

2014-09-22

§ 21. Commissions; penalty. An auctioneer in any county, other than\nNew York or Kings, shall not, without a previous agreement in writing,\nwith the owner or consignee of the goods sold, demand or receive a\ngreater compensation for his services than a commission of two and\none-half per centum on the amount of any sale, public or private, made\nby him. For a violation of this section he shall refund the moneys\nillegally received and forfeit two hundred and fifty dollars to each\nperson from whom he demands or receives an unlawful compensation or\ncommission.\n

Official source: NYS Open Legislation (New York State Senate). Reproduced from public-domain New York statutes; confirm against the official source for the current text. Not legal advice.