New Jersey Statutes Title 12A. Commercial Transactions 12A § 2-332

(1) Notwithstanding the provision of N.J.S. 12A:2-326, the consignor may be protected against the creditors of the consignee where:

(2) At the time the craft or work of fine art is placed on consignment, the consignee shall provide the consignor with a written statement of consignor's rights as set forth in subsection (1) of this section.  A consignee who fails to give such notice shall be a petty disorderly person and shall be subject, upon conviction, to the penalties set forth in N.J.S. 2C:43-3.

(3) A craft or work of fine art initially received on consignment shall remain the property of the consignor upon compliance with the provisions of subsection (1) of this section, notwithstanding the subsequent purchase of the craft or work of fine art by the consignee, directly or indirectly, for the consignee's own account, until the terms of the purchase are completed.