California Business and Professions Code

§ 17050

BPC § 17050Div. 7 · Part 2 · Ch. 4 · Art. 3

Statute text

The prohibitions of this chapter against locality discriminations, sales below cost, and loss leaders do not apply to any sale made:

(a)In closing out in good faith the owner’s stock or any part thereof for the purpose of discontinuing his trade in any such article or product and in the case of the sale of seasonal goods or to the bona fide sale of perishable goods to prevent loss to the vendor by spoilage or depreciation; provided, notice is given to the public thereof.

(b)When the goods are damaged or deteriorated in quality, and notice is given to the public thereof.

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Legislative history

Added by Stats. 1941, Ch. 526.