HARRY HUGHES, Governor                                      1329

(II) A SALE OF GOODS DAMAGED BY FIRE, SMOKE, OR
WATER.

(D) (1) "PERSON" MEANS AN INDIVIDUAL, CORPORATION, BUSINESS
TRUST, ESTATE, TRUST, PARTNERSHIP, ASSOCIATION, 2 OR MORE PERSONS
HAVING A JOINT OR COMMON INTEREST, OR ANY OTHER LEGAL COMMERCIAL
ENTITY.

(2) "PERSON" INCLUDES A LIQUIDATION SERVICE.

11-1002.

A PERSON SHALL ADVERTISE AND CONDUCT A DISTRESS SALE ONLY
UNDER THE PROVISIONS OF THIS SUBTITLE.

11-1003.

A PERSON WHO ADVERTISES AND CONDUCTS A DISTRESS SALE MAY
NOT:

(1)  CONDUCT THE DISTRESS SALE FOR MORE THAN 60 DAYS
FROM THE FIRST DAY OF THE SALE;

(2)  ORDER AND RECEIVE ANY GOODS FOR THE PURPOSE OF
SELLING THE GOODS AT THE DISTRESS SALE; AND

(3)  SELL GOODS AT THE DISTRESS SALE THAT ARE NOT
LISTED IN THE RECORD OF INVENTORY REQUIRED UNDER § 11-1004 OF
THIS SUBTITLE.

11-1004.

(A)  BEFORE A DISTRESS SALE, A PERSON SHALL COMPILE A
COMPLETE AND DETAILED RECORD OF THE INVENTORY THAT IS TO BE SOLD
AT THE DISTRESS SALE, INCLUDING:

(1)  A DESCRIPTION OF EACH ITEM;

(2)  THE APPROXIMATE QUANTITY OF EACH ITEM; AND

(3)  THE REGULAR PRICE AND THE PROPOSED SALE PRICE OF
EACH ITEM.

(B)  THE RECORD OF INVENTORY REQUIRED UNDER SUBSECTION (A)
OF THIS SECTION SHALL BE OPEN FOR INSPECTION BY THE DIVISION OF
CONSUMER PROTECTION IN THE OFFICE OF THE ATTORNEY GENERAL AT ANY
TIME DURING NORMAL BUSINESS HOURS.

11-1005.

ANY COUNTY OR MUNICIPAL CORPORATION LAW THAT CONCERNS
DISTRESS SALES SHALL PREVAIL OVER THE PROVISIONS OF THIS
SUBTITLE.

11-1006.