56:8-2.23. Disclosure of profit-making nature
125 words·~1 min read·
/nj/title-56/chapter-8/56-8-2-23A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
It shall be an unlawful practice for any person, other than a charitable or nonprofit organization, engaged in the business of selling used goods, wares or merchandise for profit to solicit, by telephone, by the placement of collection boxes or otherwise, donations of used goods, wares or merchandise for resale for profit, without first disclosing to the person solicited the profit-making nature of the business, or if profits are to be shared with a charitable or nonprofit organization, the portion of profits which that organization will receive.
For the purposes of this act, "engaged in the business of selling used goods, wares or merchandise" means anyone who conducts sales more than five times a year.
L. 1985, c. 254, s. 1, eff. July 31, 1985.