Section 8-13-14 – Use of Trade, Business or Firm Name of Licensee After Issuance of License.
Section 8-13-14 Use of trade, business or firm name of licensee after issuance of license. It shall be unlawful for any person to use the trade, business, or firm name of a licensee for a period of one year after the expiration of a license issued under this chapter, if such license is issued for […]
Section 8-13-15 – Sales to Be Held Only at Regular Store Hours; Exceptions.
Section 8-13-15 Sales to be held only at regular store hours; exceptions. No going out of business sale or distress merchandise sale shall be held at times other than regular store hours of the applicant, except that the probate judge issuing the license may make reasonable provision for extra evening hours upon good cause shown […]
Section 8-13-16 – Advertising.
Section 8-13-16 Advertising. A licensee shall not advertise a going out of business sale or distress merchandise sale earlier than seven days prior to the date on which the sale is licensed to begin. Advertising of such sales shall state the number of the license issued pursuant to this chapter and the date when the […]
Section 8-13-1 – Definitions.
Section 8-13-1 Definitions. Unless otherwise provided, the following words and phrases, when used in this chapter, shall have the meanings respectively ascribed to them in this section: (1) APPLICANT. Any person applying for a license under this chapter, including the principal, if such person is the agent of another who is the true owner, notwithstanding […]
Section 8-13-17 – Sale Limited to Inventoried Stock; Additions to Inventory.
Section 8-13-17 Sale limited to inventoried stock; additions to inventory. (a) During any going out of business sale or distress merchandise sale, it shall be unlawful for a licensee to sell, offer for sale, or advertise for sale any goods, wares, or merchandise which were not included in the inventory filed with his application or […]
Section 8-13-2 – License – Required; Display on Premises of Sale; Display of License Number and Date of Issuance in Advertising.
Section 8-13-2 License – Required; display on premises of sale; display of license number and date of issuance in advertising. (a) It shall be unlawful for any person to sell, offer for sale, or advertise for sale at a going out of business sale or a distress merchandise sale any goods, wares, or merchandise, whether […]
Section 8-13-18 – Daily Report of Merchandise Received; Failure to Report Ground for License Revocation.
Section 8-13-18 Daily report of merchandise received; failure to report ground for license revocation. A licensee in a going out of business sale or distress merchandise sale shall file with the probate judge issuing the license a daily report under oath of merchandise received. The report shall show the quantity, kind, and grade of each […]
Section 8-13-3 – License – Application.
Section 8-13-3 License – Application. An applicant for a license to conduct a going out of business sale or a distress merchandise sale shall file an application with the judge of probate of the county in which such sale shall be held at least 30 days prior to such sale; provided, however, that the said […]
Section 8-13-20 – False Bidders, etc., Prohibited.
Section 8-13-20 False bidders, etc., prohibited. No person who is not a bona fide potential purchaser shall act at any going out of business sale or distress merchandise sale as bidder, or what is commonly known as a “capper,” “booster,” or “shiller,” or offer or make any false bid to buy any article sold or […]
Section 8-13-4 – License – Bond Required of Applicant.
Section 8-13-4 License – Bond required of applicant. (a) Every applicant for a going out of business sale or distress merchandise sale license shall execute and file with the probate judge to whom the application is made a good and sufficient bond in the sum of $2,500 or five percent of the wholesale value of […]