Title 10, Chapter 1, Section 522
( 10-1-522)
Notwithstanding any custom, practice, or usage of the trade to the
contrary, whenever an artist delivers or causes to be delivered a
work of art of the artist's own creation to an art dealer in this
state for the purpose of exhibition or sale, or both, on a
commission, fee, or other basis of compensation, the delivery to and
acceptance of such work of art by the art dealer shall constitute a
consignment, unless the delivery to the art dealer is pursuant to an
outright sale for which the artist receives or has received full
compensation for the work of art upon delivery. |