Virginia law requires individuals conducting 'going out of business' sales to obtain a permit from local authorities. Advertising such sales without a permit or using misleading language is illegal and punishable as a Class 1 misdemeanor. The law aims to prevent deceptive marketing practices related to business liquidations.
Yes, you must obtain a permit from the local city, town, or county before conducting a 'going out of business' sale.
No, advertising or conducting such a sale without a permit is illegal and can result in a misdemeanor charge.
Violations are punishable as a Class 1 misdemeanor, which may include fines or other legal penalties.
Yes, you cannot modify the word 'sale' with phrases like 'going out of business' or any words that imply the business is being liquidated unless you have the proper permit.