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 or who acquires an interest in an establishment solely or principally for the purpose of conducting a going out of business sale or distress merchandise sale.
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.