Whenever used in this chapter, the term "closing-out sale" means any offer to sell to the public, or sale to the public, of goods, wares or merchandise upon the implied or expressed representation that such sale is in anticipation of the ceasing, discontinuance or termination of a business, or that such sale is other than in the ordinary course of business. Without limiting the generality of the above, a closing-out sale shall include any sale advertised or represented, either specifically or in substance, to be any of the following: adjustor's sale, administrator's sale, bankrupt sale, creditor's sale, close-out sale, executor's sale, end of business sale, final sale, forced-out-of-business sale, insolvent sale, inventory close-out sale, inventory disposal, last-days sale, lease-expires sale, liquidation sale, lost-lease sale, must-vacate sale, quitting-business sale, receiver's sale, inventory-liquidation sale, selling-out sale, stock disposal, stock sell-out, stock-liquidation sale, termination sale, wind-up sale, or any other term tending to convey to the public that upon the disposal of the stock of goods on hand the business will cease and be discontinued.
(Prior code § 9-1)