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Terms Used In Maryland Code, COMMERCIAL LAW 11-1103

  • Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
A person who advertises and conducts a distress sale may not:

(1) Conduct the distress sale for more than 60 days from the first day of the sale;

(2) Order and receive any goods for the purpose of selling the goods at the distress sale; and

(3) Sell goods at the distress sale that are not listed in the record of inventory required under § 11-1104 of this subtitle.