Section R. 14.207 - Clearance and close out salesRule 7.
(1) In connection with advertising offering consumer items pursuant to either a clearance or close out sale, where the advertiser is, or will be, unable to either give a raincheck or substitute an item of equal or greater monetary value, the advertiser shall disclose the quantity on hand and available during a disclosed period of sale. However, where the sale is announced in an advertisement required to be produced not less than 10 days prior to publication, the numeric quantity to be disclosed is that amount on hand at the time of preparation of the advertisement if the sale items are in fact made readily and conspicuously available for sale during the interim period between preparation and publication and the advertisement discloses as of what date that numeric quantity was determined; but if the sale items are not made readily and conspicuously available during the interim period, then the numeric quantity stated in the advertisement shall be equal to the greater of those actually on hand at time of preparation of the advertisement or actually on hand at time of publication.(2) In connection with a "clearance" or "close out" sale, an advertiser with more than 1 store, branch, or outlet participating in the sale shall make readily and conspicuously available in each store, branch, or outlet a reasonable number of each consumer item subject to the sale, unless a disclaimer, as provided in R 14.208(2)(a) or (b), is set forth.Mich. Admin. Code R. 14.207