How often shall the commission publish a list of names and addresses of all persons and firms holding a license?

The correct choice indicates that the commission publishes a list of names and addresses of all persons and firms holding a license once a year. This annual publication serves several important purposes in the realm of licensing and regulation.

Firstly, it ensures transparency within the auctioneering industry, allowing the public, potential clients, and other stakeholders to access updated information about licensed professionals. This periodic update helps maintain trust and accountability among licensed auctioneers, enabling individuals to confirm the legitimacy of the firms and individuals with whom they may choose to engage.

In addition, an annual publication aligns with general practices adopted by regulatory bodies, where once-a-year updates provide a sufficient balance between providing timely information and not overwhelming the public with constant updates. Such a schedule allows for thorough review and inclusion of any licensing changes, renewals, or disciplinary actions that may have occurred over the year.

This frequency also makes it manageable for the commission to compile and verify the necessary information, ensuring that the list is accurate and comprehensive each time it is released. Consequently, being aware of the licensing status of auctioneers in North Carolina is crucial for potential buyers, sellers, and the market's overall integrity.