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A public reference institution of the State of North Carolina's law

PUBLISHED

N.C.G.S. § 66-78

Additions to stock in contemplation of sale prohibited.

Effective date
2026-08-08
Last verified
2026-08-09
Source
official source
Revision history
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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. (1957, c. 1058, s. 3; 1981, c. 633, s. 5.)

Reviewed 2026-08-09 · source_verified