N.Y. GBS Law § 590
This is the official text of N.Y. GBS Law § 590, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.
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Duration of sale; license fee
Official statutory text
§ 590. Duration of sale; license fee. (a) A license to conduct a sale\nissued pursuant to this article shall be good for no more than a period\nof thirty consecutive calendar days and may be renewed for one\nconsecutive period not exceeding thirty consecutive calendar days upon\nthe affidavit of the applicant that the goods, wares and merchandise\nlisted in the inventory have not been disposed of and that no new goods,\nwares and merchandise have been or will be added to the inventory\npreviously filed pursuant to this article by purchase, acquisition, on\nconsignment or otherwise. The application for renewal shall be made not\nmore than ten days prior to the date of the expiration of the license\nand shall contain an inventory of the goods, wares and merchandise\nremaining on hand at the time the application for renewal is made, which\ninventory shall be prepared and furnished in the same manner and form as\nthe original inventory. The licensing authority of the appropriate\ncity, town or village in which such sale is to be conducted shall\nreceive from the applicant for such license, upon the filing of an\napplication therefor, a fee of five hundred dollars, and upon the\nrenewal thereof, a fee of fifty dollars. The applicant shall not be\nentitled to a refund of the fee paid if said application is revoked.\n (b) Any person desiring to conduct any sale defined in subdivision (a)\nof section five hundred eighty-one of this article shall place the fees\nprescribed in subdivision (a) of this section with the licensing\nauthority, all except seventy-five dollars of which shall be returned to\nsuch person provided the store is closed within sixty days of the\nreceipt of such a license. In the event that the person going out of\nbusiness and which is holding the closing out sale does not close his\ndoors within sixty days of the receipt of such a license, the applicant\nshall not be entitled to a refund of such fees.\n
Status: in_force · Read it on the official government site
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