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District of Columbia · Through 2026-08-20 (D.C. Law 26-175)

D.C. Code § 47-2103: Purchase of new stocks for use on “closing-out sales” prohibited; presumption.

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Where this section sits in the code
  1. Title 47. Taxation, Licensing, Permits, Assessments, and Fees. [Enacted title]
  2. Chapter 21. Closing-Out Sales.

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.

Collected 2026-08-29T05:44:07Z. Source file · JSON

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