§ 6-2. Prohibited activities.

(a) Conducting sale without license.

It shall be unlawful for any person to conduct a "Going Out of Business Sale" of the type defined herein without first having obtained a license for said sale from the licensor defined in this subtitle.

(b) Advertising sale without license.

It shall be unlawful for any person to advertise a "Going Out of Business Sale" before a license therefor has been applied for and granted by the licensor.

(c) Sale for longer period than permitted.

It shall be unlawful for any licensee to conduct, or permit, any "Going Out of Business Sale" as defined in this subtitle for a longer period or periods of time than provided for hereinafter in this subtitle.

(d) Goods not previously in stock.

It shall be unlawful for any licensee to sell or offer for sale any goods, wares or merchandise not in stock and in possession of the licensee on the date of the filing of the application for a license to conduct a "Going Out of Business Sale".