Arkansas Code Title 4, Subtitle 6, Chapter 74 - Going-Out-Of-business Sales

• § 4-74-101 - Definitions.
  As used in this subchapter, unless the context otherwise requires: (1) "Going-out-of-business sale" means and includes all sales advertised, represented, or held under the...
• § 4-74-102 - Penalty.
  Any person conducting a going-out-of-business sale contrary to the provisions of this chapter who shall fail or refuse to comply with the requirements of...
• § 4-74-103 - Sales Excepted From Chapter.
  The provisions of this chapter shall not be applicable to any sale of goods, wares, or merchandise pursuant to any court order or direction...
• § 4-74-104 - Enforcement of Chapter.
  It is the duty of the sheriff and other law enforcement officers in each county and the prosecuting attorney for each county to enforce...
• § 4-74-105 - License Requirement.
  No person shall advertise or offer for sale a stock of goods, wares, or merchandise as a going-out-of-business sale unless that person has first...
• § 4-74-106 - Application for License.
  (a) The application for the license shall be in writing and under oath and shall be filed with the clerk at least fourteen (14)...
• § 4-74-107 - Bond.
  (a) The application shall also be accompanied by a cash bond or a corporate surety bond in the amount of two thousand dollars ($2,000)...
• § 4-74-108 - Duration of License -- Extension -- Display.
  (a) (1) Each license issued for the conduct of a going-out-of-business sale shall be valid for a period of sixty (60) days, but the...
• § 4-74-109 - Clerk's Duties -- Forms for Applications and Licenses.
  (a) (1) The county clerk in each county shall design and cause to be printed appropriate forms for applications for licenses and for the...
• § 4-74-110 - Seller May Not Continue Business After Sale.
  A person conducting a going-out-of-business sale licensed under the provisions of this chapter shall not, upon conclusion of the sale, continue to conduct a...
• § 4-74-111 - False Representation Concerning Sale Unlawful.
  (a) It is unlawful for any person, firm, corporation, association, or other business entity to falsely represent that the person or entity is going...

Last modified: November 15, 2016