Sec. 7. Sales as bankrupt, etc.
70 words·~1 min read·
/il/chapter-815/act-350/7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 7. Sales as bankrupt, etc.
It shall be unlawful for any person to advertise, or otherwise to represent, for sale, or to sell, any goods at a bankruptcy, executor's, administrator's, receiver's or trustee's sale, except pursuant to, and in compliance with, federal or state statutory authority or judicial process, or as an assignee's or insolvent's sale except when there is a bona fide assignment for the benefit of creditors.