Section 17.82 - Prohibited Conduct(a) A person may not conduct a sale advertised with the phrase "going out of business," "closing out," "shutting doors forever," or "bankruptcy sale"; the word "foreclosure" or "bankruptcy"; or a similar phrase or word indicating that an enterprise is ceasing business unless the business is closing all of its operations in a county and in all of the counties immediately adjacent to that county and follows the procedures required by this subchapter.(b) A person may not fraudulently represent that the person is conducting a going out of business sale.Tex. Bus. and Comm. Code § 17.82
Added by Acts 1985, 69th Leg., ch. 172, Sec. 1, eff. 9/1/1985.