729.07 INVESTIGATION OF THE APPLICANT.

(a) Upon the filing of an application for a closing-out sale license, the Auditor may cause an investigation to be made of the facts contained therein and of the conduct of such sale to effectuate the purposes of this chapter.

(b) After the approval of the issuance of either a closing-out sale license or a distressed-merchandise sale license, the Auditor shall forthwith issue such license to the applicant.

(Ord. 6-75. Passed 3-18-75.)

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