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10 chapters · 44 sections in this title.
Mich. Comp. Laws § 442.311 Definitions.
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Sec. 1. As used in this act: (a) “Art dealer” means a person engaged in the business of selling works of fine art, other than a person exclusively engaged in the business of selling goods at public auction. (b) “Artist” means the creator of a work of fine art or, if the creator i…
Mich. Comp. Laws § 442.312 Consignment; trust property; trust funds; claims, liens, or security interest.
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Sec. 2. Any custom, practice, or usage of the trade to the contrary notwithstanding: (a) When an artist or other person delivers or causes to be delivered a work of fine art to an art dealer for the purpose of sale on a commission, the delivery to and acceptance of the work of fi…
Mich. Comp. Laws § 442.312a Written receipt as condition to commission on consignment; contents; effect of prior contract.
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Sec. 2a. (1) An art dealer may accept a work of fine art for a commission on consignment only if before or at the time of acceptance the art dealer delivers to the consignor a written receipt describing the works of fine art delivered to the art dealer and the consignment nature …
Mich. Comp. Laws § 442.314 Effect of act as to existing contracts or arrangements.
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Sec. 4. This act does not affect any written or oral contract or arrangement in existence before January 1, 1971, nor to any extensions or renewals of a contract except by the mutual written consent of the parties.