Section 590. Duration of sale; license fee  


Latest version.
  • (a) A license to conduct a sale
      issued pursuant to this article shall be good for no more than a  period
      of  thirty  consecutive  calendar  days  and  may  be  renewed  for  one
      consecutive period not exceeding thirty consecutive calendar  days  upon
      the  affidavit  of  the  applicant that the goods, wares and merchandise
      listed in the inventory have not been disposed of and that no new goods,
      wares and merchandise have been  or  will  be  added  to  the  inventory
      previously  filed  pursuant to this article by purchase, acquisition, on
      consignment or otherwise. The application for renewal shall be made  not
      more  than  ten  days prior to the date of the expiration of the license
      and shall contain an inventory  of  the  goods,  wares  and  merchandise
      remaining on hand at the time the application for renewal is made, which
      inventory shall be prepared and furnished in the same manner and form as
      the  original  inventory.    The  licensing authority of the appropriate
      city, town or village in which  such  sale  is  to  be  conducted  shall
      receive  from  the  applicant  for  such  license, upon the filing of an
      application therefor, a fee  of  five  hundred  dollars,  and  upon  the
      renewal  thereof,  a  fee  of  fifty dollars. The applicant shall not be
      entitled to a refund of the fee paid if said application is revoked.
        (b) Any person desiring to conduct any sale defined in subdivision (a)
      of section five hundred eighty-one of this article shall place the  fees
      prescribed  in  subdivision  (a)  of  this  section  with  the licensing
      authority, all except seventy-five dollars of which shall be returned to
      such person provided the store  is  closed  within  sixty  days  of  the
      receipt  of  such  a  license. In the event that the person going out of
      business and which is holding the closing out sale does  not  close  his
      doors  within sixty days of the receipt of such a license, the applicant
      shall not be entitled to a refund of such fees.