§ 25C-3. Status of works of fine art subsequently purchased by art dealer for his own account. — United States — North Carolina law | Esheria

§ 25C-3. Status of works of fine art subsequently purchased by art dealer for his own account.

A fine art work accepted by an art dealer as bailment property stays bailment property until the artist is paid in full the purchase price minus the agreed commission, even if the dealer later buys it for the dealer’s own account.

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Jurisdiction
United States — North Carolina
Instrument
Act or statute
Version
Undated source snapshot
Language
en
Official source
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art sales bailment

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