Or. Admin. Code § 160-010-0600 - Going Out of Business Notice of Intent

This rule refers to a special notice filed by businesses that advertise sales or auctions held out to the public as the disposal of merchandise in anticipation of cessation of business, under Senate Bill 684 (2007).

(1) The Notice of Intent will contain:

(a) The name, address, and telephone number of the owner of the merchandise to be sold.

(b) The signature of the owner of the merchandise.

(c) The title of the signer, if owner is a legal entity.

(d) The name, address and telephone number of the person who will be in charge and responsible for the conduct of the sale.

(e) The descriptive name, location, and beginning and ending dates of the sale.

(f) Confirmation that no person who has an ownership interest in the business or in the merchandise to be sold is subject to a court order resulting from a civil enforcement action under ORS 646.608.

(2) When filing a Notice of Intent, the Secretary of State is not required to check for previous filings by the owner of the merchandise to be sold.

(3) For the purposes of this section, "location" is considered to be the physical location where the merchandise is sold, including street address, city, state and zip code.

Notes

Or. Admin. Code § 160-010-0600

CORP 3-2007, f. 12-14-07 cert. ef. 1-1-08

Stat. Auth.: ORS 56.022

Stats. Implemented: 2007 SB 684