§15303.__Form; fee; elements of registration

A person required to register under section 15302 shall make its registration on a form provided by the office and shall pay an accompanying registration fee to be determined by the commissioner by rule.__As part of its registration, the person shall certify to the office that the person:

1.__Not an agent.__Does not act as the agent of users who sell items on its publicly accessible site on the Internet and acts only as a venue for user transactions;

2.__Requires registration.__Requires sellers and bidders to register with the publicly accessible site on the Internet and provide their names, addresses, telephone numbers and e-mail addresses;

3.__Retains information.__Retains the information described in subsection 2 for at least 2 years;

4.__Transaction information.__Retains transactional information consisting of at least seller identification, high bidder identification and item sold for at least 2 years from the close of a transaction and has a mechanism to identify all transactions involving a particular seller or buyer;

5.__Complaints.__Has a mechanism to receive complaints or inquiries from users;

6.__Suspensions.__Adopts and reasonably implements a policy of suspending, in appropriate circumstances, the accounts of users who are found to have engaged in a pattern of activity that appears to be deliberately designed to defraud consumers using the publicly accessible site on the Internet; and

7.__Inspection of data.__Agrees to comply with requests from the office to inspect stored data in its possession, in accordance with state and federal law.

§15304.__Penalty; injunction

A person who operates as an Internet auction listing service without first registering in accordance with this chapter commits a Class E crime.