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Home » US Law » 2022 Code of Alabama » Title 8 - Commercial Law and Consumer Protection. » Chapter 13 - Going Out of Business or Distress Merchandise Sales.

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 8-13-10 – License – Restrictions on Issuance.

Section 8-13-10 License – Restrictions on issuance. No license shall, under any circumstances, be granted to any persons, applicant, or owner within a period of two years after the termination of any going out of business sale by such person, applicant, or owner, held or conducted under this chapter. No person, applicant, or owner who […]

Section 8-13-11 – License – Surrender of Business Licenses.

Section 8-13-11 License – Surrender of business licenses. At the time a license is issued hereunder for a going out of business sale, the applicant shall surrender to the probate judge issuing the same all licenses held by him at that time for the regular operation of his business at the location where such sale […]

Section 8-13-13 – License – Revocation or Suspension.

Section 8-13-13 License – Revocation or suspension. The probate judge issuing a license for a going out of business sale or distress merchandise sale may revoke or suspend the same if any licensee sells, offers for sale, or advertises for sale any goods, wares, or merchandise in addition to those specified under Section 8-13-17, violates […]

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 8-13-17 – 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 8-13-20 – 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 8-13-23 – Chapter Not Applicable to Certain Sales.

Section 8-13-23 Chapter not applicable to certain sales. In the following cases the provisions of this chapter shall not apply: (1) Sales for the estate of a decedent by the personal representative, or his agent, according to law or by the provisions of the will. (2) Sales of property conveyed by deed of trust, mortgage, […]

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 8-13-4 – 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 […]

Section 8-13-5 – License – Public Hearing on Application.

Section 8-13-5 License – Public hearing on application. The probate judge to whom the application for a going out of business sale or distress merchandise sale license is made, or his designee, shall conduct a public hearing not later than two weeks after an application has been filed. At least one week prior to such […]

Section 8-13-6 – License – Investigation; Investigation Fee; Cost of Independent Audit; Applicant’s Refusal to Pay Investigation Fee and Costs.

Section 8-13-6 License – Investigation; investigation fee; cost of independent audit; applicant’s refusal to pay investigation fee and costs. (a) When an application for a license to conduct a going out of business sale or distress merchandise sale is filed, the probate judge to whom the application is made shall make such investigation as he […]

Section 8-13-7 – License – License Issued Only to Bona Fide Merchant.

Section 8-13-7 License – License issued only to bona fide merchant. No license for a going out of business sale or a distress merchandise sale shall be issued except to a bona fide licensed merchant of the State of Alabama, and no such license shall be granted to an applicant who sets up an establishment […]