(a) Suitable books and records concerning said sale shall be kept by the licensee for the duration of the licensed sale and one year thereafter and shall be open for inspection by the commissioner or his duly authorized representative.
(b) Upon the termination of a sale licensed hereunder the applicant shall within thirty days of such termination file a statement with the commissioner stating:
(1) The total retail value of the goods, wares or merchandise not disposed of during the sale, and
(2) The ultimate disposition thereof and if transferred to another, the name and address of the transferee.
Structure West Virginia Code
Chapter 47. Regulation of Trade
Article 11B. Closing-Out Sales, Fire Sales and Defunct Business Sales
§47-11B-1. Legislative Findings
§47-11B-3. License Required; Exceptions
§47-11B-4. License Application Requirements
§47-11B-5. Investigation of Application; Grounds for Denial
§47-11B-6. Duration of Sale; License Fee
§47-11B-7. Revocation of License; Grounds
§47-11B-8. Notice of Denial, Refusal or Revocation of License; Judicial Review Thereof
§47-11B-10. Branch Stores and Warehouses
§47-11B-13. Opening of a Similar Business Within One Year of Sale Prohibited