Iowa Code § 556D.4 - Consignment — trust arrangement — United States — Iowa law | Esheria

Iowa Code § 556D.4 - Consignment — trust arrangement

A consignment stays trust property until the artist is paid in full; if the work is resold first, resale proceeds are held in trust for the artist to the extent needed to cover the unpaid balance.

Jurisdiction
United States — Iowa
Instrument
Code
Version
Undated source snapshot
Language
en
Updated
Official source
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art consignment resale proceeds trust property

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