Under General Business Law Article 29-F, Sections 580 to 596 (the “Going out of Business Law”), any business going out of business or otherwise having a “closing out sale” as defined by the Going out of Business Law must obtain a "Going Out Of Business” License from the Clerk of the local municipality where the store is located. The only exceptions to this License requirement are as follows: the sale is conducted pursuant to Court Order, the sale is by a public officer, and the sale is by a duly licensed auctioneer who is conducting an auction. In these instances, a Going Out Of Business license is not required.
Going Out of Business Application Forms