442.311 Definitions. Sec. 1. As used in this act: (a) “Art dealer” means a person engaged in the business of selling works of fine art, other than a person exclusively engaged in the business of selling goods at public auction. (b) “Artist” means the creator of a work of fine art or, if the creator […]
442.312 Consignment; trust property; trust funds; claims, liens, or security interest. Sec. 2. Any custom, practice, or usage of the trade to the contrary notwithstanding: (a) When an artist or other person delivers or causes to be delivered a work of fine art to an art dealer for the purpose of sale on a commission, […]
442.312a Written receipt as condition to commission on consignment; contents; effect of prior contract. Sec. 2a. (1) An art dealer may accept a work of fine art for a commission on consignment only if before or at the time of acceptance the art dealer delivers to the consignor a written receipt describing the works of […]
442.313 Repealed. 1982, Act 396, Eff. Mar. 30, 1983. Compiler’s Notes: The repealed section pertained to waiver of provisions of act.
442.314 Effect of act as to existing contracts or arrangements. Sec. 4. This act does not affect any written or oral contract or arrangement in existence before January 1, 1971, nor to any extensions or renewals of a contract except by the mutual written consent of the parties. History: 1970, Act 90, Eff. Jan. 1, […]
442.315 Effective date of act. Sec. 5. This act shall take effect on January 1, 1971. History: 1970, Act 90, Eff. Jan. 1, 1971
