What is Bulk Sales Law?

Legal Definition
State law that applies when a a business is selling all or most of its assets outside of the ordinary course of business which imposes certain requirements on the seller in order to protect the business' creditors. Bulk sales laws have largely been superseded in most states by Article 6 of the Uniform Commercial Code (UCC).
See also
Legal Definition
A state law intended to protect the creditors of a business that is being sold by requiring that the creditors be notified of the sale.