§ 25C-4 – Creditors of art dealer may not reach works of fine art on consignment with art dealer.
25C-4. Creditors of art dealer may not reach works of fine art on consignment with art dealer. Property that is bailment property under this Article is not subject to the claims, liens, or security interests of the creditors of an art dealer. (1983, c. 822, s. 1; 1989, c. 464, s. 1.)
§ 25C-1 – Definitions.
25C-1. Definitions. As used in this Article unless the context clearly requires otherwise: (1) "Art dealer" means an individual, partnership, firm, association, or corporation that undertakes to sell a work of fine art created by someone else; (2) "Artist" means the creator of a work of fine art; (3) "On consignment" means delivered to an […]