Unless otherwise prescribed by statute, no person shall advertise
or conduct a going-out-of-business, insurance, bankruptcy, mortgage,
insolvent, assignee's, executor's, administrator's,
receiver's, trustee's removal, closing out, and sales of
goods, wares and merchandise damaged by fire, smoke, water or otherwise
without first having obtained a license under this chapter in accordance
with the provisions of Regulation of Certain Sales, Public Act 39
of 1961 et seq., (MCLA § 442.211 et seq.) as amended.