{
  "urn": "urn:us-la:rs:51:42",
  "title_number": "51",
  "section_number": "42",
  "citation": "R.S. 51:42",
  "heading": "Definitions",
  "text": "For purposes of this Part, the following terms shall have the meanings specified in this Section:\n\n(1) \"Going-out-of-business sale\" means any sale advertised, represented, or held forth as a sale to dispose of all goods as a means of ceasing to do business or changing business location. The term shall include a sale held under the designation of \"going-out-of-business\", \"selling out\", \"liquidation\", \"lost our lease\", \"forced to vacate\", \"moving to a new location\", \"closing out sale\", \"store closing sale\", or any other designation of like meaning. However, the term shall not include an end-of-the-season sale or a going-out-of-business sale limited to sale of a particular brand or line of goods.\n\n(2) \"Goods\" means goods, wares, or merchandise.\n\n(3) \"Person\" means an individual, partnership, voluntary association, or corporation.\n\n(4) \"Promoter\" means a person who performs or offers to perform any service to facilitate or assist in a going-out-of-business sale, including but not limited to advertising and sales.",
  "status": "active",
  "hierarchy_path": [
    {
      "level": "title",
      "number": "51",
      "name": "TRADE AND COMMERCE"
    },
    {
      "level": "chapter",
      "number": "1",
      "name": "IN GENERAL"
    },
    {
      "level": "part",
      "number": "II-A",
      "name": "GOING-OUT-OF-BUSINESS SALES"
    }
  ],
  "breadcrumb": "Title 51 › Chapter 1 › Part II-A",
  "acts_citations": [
    {
      "act_year": 1995,
      "act_number": 669,
      "section": 1,
      "effective_date": null,
      "effective_date_raw": null,
      "role": "enactment"
    },
    {
      "act_year": 2018,
      "act_number": 374,
      "section": 1,
      "effective_date": "2018-07-01",
      "effective_date_raw": "July 1, 2018",
      "role": "amendment"
    }
  ],
  "acts_citations_raw": "Acts 1995, No. 669, §1; Acts 2018, No. 374, §1, eff. July 1, 2018.",
  "source_url": "https://legis.la.gov/legis/Law.aspx?d=104522",
  "website_law_id": 104522,
  "scrape_timestamp": "2026-05-22T23:41:08Z",
  "source_html_hash": "sha256:8f376ade6377e027c547df50d41e35afd35d07eeb225140e8bb622249b64badb",
  "schema_version": "1.0.0"
}