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 item received, the supplier of each item, and the wholesale value thereof. Failure to report any receipt of goods while a license is in force is ground for revocation of the license, in the discretion of the probate judge issuing the same.
Structure Code of Alabama
Title 8 - Commercial Law and Consumer Protection.
Chapter 13 - Going Out of Business or Distress Merchandise Sales.
Section 8-13-3 - License - Application.
Section 8-13-4 - License - Bond Required of Applicant.
Section 8-13-5 - License - Public Hearing on Application.
Section 8-13-7 - License - License Issued Only to Bona Fide Merchant.
Section 8-13-9 - License - When Probate Judge to Issue License.
Section 8-13-10 - License - Restrictions on Issuance.
Section 8-13-11 - License - Surrender of Business Licenses.
Section 8-13-13 - License - Revocation or Suspension.
Section 8-13-14 - Use of Trade, Business or Firm Name of Licensee After Issuance of License.
Section 8-13-15 - Sales to Be Held Only at Regular Store Hours; Exceptions.
Section 8-13-16 - Advertising.
Section 8-13-17 - Sale Limited to Inventoried Stock; Additions to Inventory.
Section 8-13-20 - False Bidders, etc., Prohibited.
Section 8-13-22 - Penalties for Violation of Chapter; Each Sale, etc., Constitutes Separate Offense.