# La. Rev. Stat. § 51:42: Definitions

> Louisiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S42

## Section

- **Citation:** La. Rev. Stat. § 51:42
- **Heading:** Definitions
- **Jurisdiction:** Louisiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** LA Code / Code revised-statutes / Title 51 / Section 42

## Text

For purposes of this Part, the following terms shall have the meanings specified in this Section:

(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.

(2) "Goods" means goods, wares, or merchandise.

(3) "Person" means an individual, partnership, voluntary association, or corporation.

(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.

Acts 1995, No. 669, §1; Acts 2018, No. 374, §1, eff. July 1, 2018.

## Nearby sections

- [La. Rev. Stat. § 51:2 Bond](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S2.md)
- [La. Rev. Stat. § 51:9 Price fixing; excessive commissions; fraud; penalty](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S9.md)
- [La. Rev. Stat. § 51:32 Exemptions](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S32.md)
- [La. Rev. Stat. § 51:33 License required](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S33.md)
- [La. Rev. Stat. § 51:41 Violations; penalty](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S41.md)
- [La. Rev. Stat. § 51:42 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S42.md)
- [La. Rev. Stat. § 51:47 Application for going-out-of-business sale license; deposit; fee](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S47.md)
- [La. Rev. Stat. § 51:48 Issuance of license; term](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S48.md)
- [La. Rev. Stat. § 51:49 Restrictions and prohibitions](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S49.md)
- [La. Rev. Stat. § 51:52 Violations; penalties; unfair trade practice](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S52.md)
- [La. Rev. Stat. § 51:53 False advertising; penalty](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S53.md)
- [La. Rev. Stat. § 51:63 Location of zone; rules and regulations](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S63.md)
- [La. Rev. Stat. § 51:64 Buildings or enclosures](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S64.md)
- [La. Rev. Stat. § 51:65 Extent of authority of commissioners](https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S65.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_LA_Crevised-statutes_T51_S42. Check the current official text before relying on it. Not legal advice.