KRS 365.450: Federal and judicial requirements to be observed.

No person shall advertise or otherwise represent, for sale, or sell, any goods as a

bankruptcy, executor's, administrator's, receiver's, or trustee's sale, except pursuant to, and

in compliance with, federal or state statutory authority or judicial process , or as an

assignee's or insolvent sale except where there is a bona fide assignment for the benefit of

creditors.