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GOING OUT OF BUSINESS LICENSE POLICY

 

Under Michigan State law, The Regulation of Certain Sales Act, MCL 422.211 et seq. (“GOB Act”), which governs all “going out of business” (GOB”) sales, no one may advertise for or conduct a GOB sale unless he/she first obtains a license to conduct the sale from the clerk of the village in which the sale will be held. (MCL 442.212)

 

The application for a license must be written and under oath, must have specific facts and information set forth in MCL 442.213. The application must have detailed list of the inventory of the goods to be sold. (MCL 442.213(f)) The applicant must state that no goods will be added to the inventory after the application is made or during the sale. (MCL 442.213(g))

 

For further details on The Regulation of Certain Sales Act, MCL 422.211 et seq. (“GOB Act”), see attached. (attach copy of this law to all licenses)

 

The Village of Nashville has hereby placed the attached license into effect with this policy with the fee of $50 as the above Michigan State law requires.