No person shall auctioneer or permit premises owned or occupied by such person to be utilized to conduct any auction without a license from the Board of Trustees.
There shall be a license fee for each auctioneer and auction premises per day and per year in an amount to be established, from time to time, by the Board of Trustees by resolution.
All auctioneering licenses and licenses for auction premises shall be posted conspicuously at the time and place where the auction is conducted. Such licenses shall not be transferable.