Section 1333.35 | Bankruptcy and receiver's sales definitions.
(A) "Additional merchandise" means all goods, wares, and merchandise not part of bankruptcy or receivership proceedings.
(B) "Person" means an individual, corporation, partnership, association, or any unincorporated organization.
(C) "Bankruptcy sale" or "receiver's sale" means any offer to sell to the public, or sale to the public of goods, wares, or merchandise upon the implied or direct holding out, or representation that such sale is being conducted under any one or combination of the following circumstances:
(1) That such sale is being conducted because of bankruptcy or receivership occurring on or at the premises.
(2) That, at the premises where a person suffered bankruptcy or receivership, such goods, wares, or merchandise are being offered for sale or sold to the public and the person conducting the sale acquired such goods, wares, or merchandise as a result of such bankruptcy or receivership.
Available Versions of this Section
- October 24, 1961 – House Bill 342, 104th General Assembly [ View October 24, 1961 Version ]