Notice of intent to conduct going out of business sale; display and filing; exceptions; prohibited activities.

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(2) A person must display the notice of intent in a prominent place on the premises of the business location where the person is conducting the going out of business sale.

(3) If a person is conducting a going out of business sale as part of a bankruptcy, receivership or other court-ordered action,

the person, in lieu of displaying a notice of intent, shall display the court order or judgment that ordered the sale in a prominent place on the premises of the business location where the person is conducting the going out of business sale.

(4) A person may not:

(a) Conduct a going out of business sale for more than 90 days from the beginning date of the sale that is listed on the notice of intent.

(b) Continue to conduct a going out of business sale beyond the ending date that is listed on the notice of intent.

(5) A person who has conducted a going out of business sale may not conduct another going out of business sale for a period of one year after the ending date of the sale that is listed on the notice of intent. [2007 c.820 §2; 2015 c.277 §2]


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