(a) After receiving an original inventory, the chief appraiser shall issue to the applicant a permit for a going out of business sale. The permit is valid for 120 days after the day that it is issued and is not renewable.(b) The permit holder must post the permit in a conspicuous place at the location of the going out of business sale.(c) Before advertising a going out of business sale, the permit holder shall deliver a copy of the permit to the person publishing or broadcasting the advertisement.Tex. Bus. and Comm. Code § 17.84
Amended by Acts 2001, 77th Leg., ch. 291, Sec. 3, eff. 9/1/2001.Added by Acts 1985, 69th Leg., ch. 172, Sec. 1, eff. 9/1/1985.