Chapter 324 — Delivery to and Acceptance by Art Dealer

Minnesota Statutes Chapter 324 — Delivery to and Acceptance by Art Dealer

324.01 Definitions This section defines terms used in the Artist-Art Dealer Consignment Act. Key definitions include 'artist' (the creator … 324.02 Delivery to and Acceptance by Art Dealer When an artist delivers their own artwork to an art dealer for sale or exhibition on a commission or fee basis, … 324.03 Results of Consignment; Artist-art Dealer Relationships When art is consigned to a dealer, the dealer becomes the artist's legal agent for the purpose of selling or showing the … 324.04 Trust Property Consigned artwork remains the artist's trust property until the artist has been paid in full, even if the dealer buys … 324.05 Application The artist-art dealer consignment protections apply to all contracts entered into on or after August 1, 1983. … 324.06 Definitions This section defines terms for the fine print disclosure law, which requires sellers to disclose specific information … 324.07 Exceptions The fine print disclosure requirements do not apply to prints made before the law took effect, to prints sold for less … 324.08 Acts Prohibited; Disclosure Statements Catalogs that sell fine prints must clearly disclose specific information about each edition, or state that the … 324.09 Informational Detail Fine print sellers must disclose: the artist's name and the year the print was made; the total number of prints in the … 324.10 Liability A seller who fails to provide the required fine print disclosures is liable to the buyer for the full purchase price …