PocketLaw | Connecticut General Statutes | Closing-Out Sales

Closing-Out Sales

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Definitions.

State license. Deposit. Application. Time within which to submit application. Application procedure if promoter is used. Documentation to be made available for inspection by commissioner. License number and termination date to be displayed in advertisements. License to be posted at point of sale.

License to expire ninety days after issuance or on termination date in application. Special deposit to be used to satisfy claims against licensee. Return of license. Lost licenses.

Municipal license.

Listed items only to be sold.

Additional goods not to be ordered within sixty days of license application.

Continuation of business after sale prohibited.

Violation an unfair trade practice. Penalty.

Regulations.

Exceptions to applicability of chapter.

Criminal or civil penalty not applicable to advertising media; when.

Suspension or revocation of license. Civil penalty.

Promoters must register with commissioner. Applications for registration. Fee. Renewal. Agreement between promoter and closing-out sale licensee. Suspension or revocation of registration. Civil penalty.

Civil penalty for failure to obtain license or registration.