D.C. Code § 47-2103
Purchase of new stocks for use on “closing-out sales” prohibited; presumption.
No person in contemplation of a closing-out sale shall order any goods, wares, or merchandise for the purpose of selling and disposing of the same at such sale, and any unusual purchase and additions to the stock of such goods, wares, or merchandise within 60 days prior to the filing of application for a license to conduct such sale shall be presumptive evidence that such purchases and additions to stock were made in contemplation of such sale.
Source: official DC Code section page (code.dccouncil.gov)
In this chapter (10 sections)
- 47-2101 · Definitions.
- 47-2102 · License required; application; fee; bond; records; penalty.
- 47-2103 · Purchase of new stocks for use on “closing-out sales”…
- 47-2104 · Addition of new stocks during “closing-out sales” prohibited.
- 47-2105 · Continuation of sale beyond termination date prohibited;…
- 47-2106 · Penalty for conducting false “closing-out sales” and for…
- 47-2107 · Chapter not applicable to public officials.
- 47-2108 · Jurisdiction of Superior Court to enjoin violations of this…
- 47-2109 · Regulations.
- 47-2110 · Preservation of authority; delegation of functions.