§ 581 — Definitions

§ 581. Definitions. (a) The term "closing out sale" shall include, but\nnot be limited to, all sales advertised, represented, or held forth\nunder the designation of "quitting business," "going out of business,"\n"discontinuance of business," "closing out," "selling out,"\n"liquidation," "lost our lease," "must vacate," "forced out," "removal,"\n"branch store discontinuance sale," "building coming down," "end,"\n"final days," "final clearance," "last days," "lease expires," "we give\nup sale," "we quit sale," "warehouse closing sale," "warehouse removal\nsale," "reorganization sale," or any other advertising or designation by\nany other expression or characterization similar to any of the foregoing\ngiving notice to the public that the sale will precede the abandonment\nof a business location.\n (b) The term "sale of goods damaged by fire, smoke or water" shall\ninclude, but not be limited to, all sales advertised, represented or\nheld forth under the designation of "fire sale," "smoke damage sale,"\n"water damage sale," "flood damage sale," "insurance sale," or any other\nadvertising or designation by any other expression or characterization\nsimilar to any of the foregoing giving notice to the public that the\ngoods, wares or merchandise offered for sale have been damaged.\n (c) The term "defunct business sale" shall include, but not be limited\nto, all sales advertised, represented or held forth under the\ndesignation of "adjuster's sale," "administrator's sale," "assignee's\nsale," "bankrupt sale," "bankrupt stock sale," "benefit of\nadministrator's sale," "benefit of creditor's sale," "benefit of\ntrustee's sale," "creditor's committee sale," "creditor's sale,"\n"executor's sale," "insolvent sale," "mortgage sale," "receiver's sale,"\n"trustee's sale," or any other advertising or designation by any other\nexpression or characterization similar to any of the foregoing conveying\nthe same meaning or giving notice to the public of a sale resulting from\ndeath, business failure, or other adversity.\n (d) "Unusual purchase or addition" shall mean any purchase of goods,\nwares or merchandise during the ninety days preceding the application\nfor a license, the total value of which is at least twenty-five per cent\ngreater than purchases made by the applicant for a like ninety-day\nperiod during the year next preceding the year in which the application\nis made or the total value of which is at least twenty-five per cent\ngreater than the purchases made by the applicant for any ninety-day\nperiod if the applicant has been in business for less than one year.\n (e) "Person" shall mean any individual, partnership, association, firm\nor corporation.\n (f) "Licensee" shall mean any person granted a license pursuant to the\nprovisions of this article.\n (g) "Licensing authority" shall mean that department or officer of any\ncity, town or village established for the specific purpose of issuing\nlicenses, and where there is no such department or officer, it shall\nmean the clerk of such city, town or village.\n