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Current as of January 01, 2023 | Updated by Findlaw Staff
(1) Except as provided in subsection (3) of this section, a person may not sell, offer for sale or advertise for sale merchandise at a going out of business sale unless the person displays a notice of intent at the business location where the person intends to conduct the going out of business sale.
(2) A person must display the notice of intent in a prominent place on the premises of the business location where the person is conducting the going out of business sale.
(3) If a person is conducting a going out of business sale as part of a bankruptcy, receivership or other court-ordered action, the person, in lieu of displaying a notice of intent, shall display the court order or judgment that ordered the sale in a prominent place on the premises of the business location where the person is conducting the going out of business sale.
(4) A person may not:
(a) Conduct a going out of business sale for more than 90 days from the beginning date of the sale that is listed on the notice of intent.
(b) Continue to conduct a going out of business sale beyond the ending date that is listed on the notice of intent.
(5) A person who has conducted a going out of business sale may not conduct another going out of business sale for a period of one year after the ending date of the sale that is listed on the notice of intent.
Cite this article: FindLaw.com - Oregon Revised Statutes Trade Regulations and Practices § 646A.102 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-50-trade-regulations-and-practices/or-rev-st-sect-646a-102/
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 before relying on it for your legal needs.
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