§ 130.40 PRICE GOUGING.
   (A)   The town has a responsibility for the health, safety and general welfare of the community, and the activity of price gouging during and following circumstances warranting the declaration of a state of emergency threatens the health, safety and general welfare of the community.
   (B)   Price gouging is prohibited in the town as follows:
      (1)   At any time within 30 days of any declaration of a state of emergency, no person, merchant or business within the town shall sell any goods at a price that is greater than 150% of the amount charged prior to the state of emergency, except as provided below.
      (2)   Sales of goods above pre-disaster levels shall be allowed only if the merchant can document by receipt or other form of verifiable paper-writing the increase in price to the merchant of the item in question. Nonresident merchants or vendors not doing business in the town prior to the declaration of the state of emergency need to document by receipt or other form of verifiable paper-writing the elevation price levels if the price charged by a particular item exceeds the general market value charged by resident merchants by 150%.
(Ord. 05-03, passed 4-11-05) Penalty, see § 130.99