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Oregon Revised Statutes Education and Culture § 359.220

Current as of January 01, 2023 | Updated by Findlaw Staff

An art dealer may accept a work of fine art, on a fee, commission or other compensation basis, on consignment from a consignor only if, prior to or at the time of acceptance, the art dealer enters into a written contract with the consignor establishing:

(1) The retail value of the work of fine art;

(2) The time within which the proceeds of the sale are to be paid to the consignor, if the work of fine art is sold;

(3) The minimum price for the sale of the work of fine art; and

(4) The fee, commission or other compensation basis of the art dealer.

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Cite this article: FindLaw.com - Oregon Revised Statutes Education and Culture § 359.220 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-30-education-and-culture/or-rev-st-sect-359-220/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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