North Carolina Statutes
§ 66-78 — Additions to stock in contemplation of sale prohibited
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. (1957, c. 1058, s. 3; 1981, c. 633, s. 5.)
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Nearby Sections
15
§ 66-100
Remedies§ 66-106
Definitions§ 66-107
Required disclosure statement§ 66-108
Bond or trust account required§ 66-109
Filing with Secretary of State§ 66-110
Contracts to be in writing§ 66-111
Remedies§ 66-112
Scope§ 66-118
Definitions§ 66-119
Contract requirements§ 66-120
Buyer's rights§ 66-121
Buyer's right to cancel