{"data":{"id":"us-la/rs-51-42","jurisdiction":"us-la","citation":"RS 51:42","heading":"Definitions","body":"For purposes of this Part, the following terms shall have the meanings specified in this Section:\n(1) \"Going-out-of-business sale\" means any sale advertised, represented, or held forth as a sale to dispose of all goods as a means of ceasing to do business or changing business location. The term shall include a sale held under the designation of \"going-out-of-business\", \"selling out\", \"liquidation\", \"lost our lease\", \"forced to vacate\", \"moving to a new location\", \"closing out sale\", \"store closing sale\", or any other designation of like meaning. However, the term shall not include an end-of-the-season sale or a going-out-of-business sale limited to sale of a particular brand or line of goods.\n(2) \"Goods\" means goods, wares, or merchandise.\n(3) \"Person\" means an individual, partnership, voluntary association, or corporation.\n(4) \"Promoter\" means a person who performs or offers to perform any service to facilitate or assist in a going-out-of-business sale, including but not limited to advertising and sales.","path":["TITLE 51. TRADE AND COMMERCE","PART II-A. GOING-OUT-OF-BUSINESS SALES"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=104522","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T05:03:04Z","sha256":"f7fa8b5f81cc0f07bc2cb271c331f08ba4a34104a6c2b275421a9b3abc17ab00","source_id":"us-la","stale":false,"prev":"us-la/rs-51-41","next":"us-la/rs-51-43"},"notice":"GroundRules: Original legal text. Not legal advice."}