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Michigan Compiled Laws Complete Through PA 19 of 2024
House: Adjourned until Tuesday, March 19, 2024 1:30:00 PM
Senate: Adjourned until Tuesday, March 19, 2024 10:00:00 AM


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Act 90 of 1970
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SALES OF FINE ART

Act 90 of 1970

AN ACT relating to the relationship between artists, art consignors, and art dealers; regulating certain consignment sales; establishing trust property and trust funds; limiting waivers of rights; and requiring certain receipts.


History: 1970, Act 90, Eff. Jan. 1, 1971 ;-- Am. 1982, Act 396, Eff. Mar. 30, 1983




The People of the State of Michigan enact:

DocumentTypeDescription
Section 442.311SectionDefinitions.
Section 442.312SectionConsignment; trust property; trust funds; claims, liens, or security interest.
Section 442.312aSectionWritten receipt as condition to commission on consignment; contents; effect of prior contract.
Section 442.313SectionRepealed. 1982, Act 396, Eff. Mar. 30, 1983.
Section 442.314SectionEffect of act as to existing contracts or arrangements.
Section 442.315SectionEffective date of act.
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