It shall be unlawful for any person to advertise, or otherwise to represent, for sale, or to sell, any goods at a bankruptcy, executor's, administrator's, receiver's or trustee's sale, except pursuant to, and in compliance with, federal or state statutory authority or judicial process, or as an assignee's or insolvent's sale except when there is a bona fide assignment for the benefit of creditors.
815 ILCS 350/7
Sales as bankrupt, etc
Known as the Fraudulent Sales Act
The act spans §§ 815-350-0-01 to 815-350-9 (14 sections).
Laws 1959, p. 2228.
Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.