Each business desiring to conduct a going-out-of-business sale must apply for a license at least five days prior to the opening date of such sale. A license fee of one hundred dollars and a deposit of five hundred to five thousand dollars shall accompany each application.

oGoing-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.

How to Apply for a License

Mail the license fee, deposit, and application, with requested information, to the following address:

License Fee and Deposit

The License Fee is $100.00.

The Deposit is either $500.00 or a dollar amount equal to 1% of the wholesale cost of the inventory, whichever amount is greater. No deposit shall exceed $5,000.00.

The deposit may be refundable. First, the license must be returned to the Consumer Protection Section upon its expiration, voluntary surrender prior to expiration, or the lapse of a granted extension. The deposit will be held by the Consumer Protection Section for at least a period of sixty days from the date of delivery of the returned license. The Consumer Protection Section will return the deposit or a portion of it after satisfying all claims that might be made upon the licensee's deposit.

Any person desiring to act as a promoter for a going-out-of-business sale must apply for registration as a promoter and pay a registration fee of one hundred dollars. Registration will be valid for one year from the date of issuance and may be annually renewed upon application and payment of a renewal fee of one hundred dollars.

A promoter is 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.

How to Register as a Promoter

Mail the registration and application, with requested information, to the following address:

Promoter Registration Fee

The Registration Fee is $100.00.

Louisiana law regarding going-out-of-business sales can be found at La. R.S. 51:42, et seq.

Phone: 225-326-6400