Sec. 17.82. PROHIBITED CONDUCT. (a) A person may not conduct a sale advertised with the phrase "going out of business," "closing out," "shutting doors forever," or "bankruptcy sale"; the word "foreclosure" or "bankruptcy"; or a similar phrase or word indicating that an enterprise is ceasing business unless the business is closing all of its operations in a county and in all of the counties immediately adjacent to that county and follows the procedures required by this subchapter.
(b) A person may not fraudulently represent that the person is conducting a going out of business sale.
Added by Acts 1985, 69th Leg., ch. 172, Sec. 1, eff. Sept. 1, 1985.
Structure Texas Statutes
Title 2 - Competition and Trade Practices
Chapter 17 - Deceptive Trade Practices
Subchapter F. Going Out of Business Sales
Section 17.82. Prohibited Conduct
Section 17.83. Original Inventory
Section 17.835. Notice of Filing of Original Inventory
Section 17.85. Deadline for Orders
Section 17.87. Final Inventory
Section 17.88. Disposition of Sale Items