Illinois Code § 815 ILCS 350/7

Sales
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as bankrupt, etc.

 
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.

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