(a) In closing out in good faith the owner's stock or any part thereof for the purpose
of discontinuing his trade in any such stock or commodity, and in the case of the
sale of seasonal goods or the bona fide sale of perishable goods to prevent loss to
the vendor by spoilage or depreciation, if notice is given to the public thereof;
(b) When the goods are damaged or deteriorated in quality and notice is given to the
(c) By an officer acting under the orders of any court;
(d) In an endeavor made in good faith to meet the prices of a competitor selling the
same product or service in the same locality or trade area.
(2) Any person, firm, or corporation who performs work upon, renovates, alters, or
improves any personal property belonging to another person, firm, or corporation shall
be construed to be a vendor within the meaning of this article.
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
Was this helpful?
Response sent, thank you
Welcome to FindLaw's Cases & Codes
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw's Learn About the Law.