Michigan Laws 442.361 – Incurring obligations prescribed for art merchant
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Terms Used In Michigan Laws 442.361
- Art merchant: means a person who deals in multiples, or who by his or her occupation holds himself or herself out as having knowledge or skill peculiar to a person who deals in multiples, or who employs a broker, agent, or other intermediary who holds himself or herself out as having knowledge or skill peculiar to a person who deals in multiples. See Michigan Laws 442.351a
- Artist: means the creator of an image depicted by or in a master. See Michigan Laws 442.351a
- Sale: means sale or exchange. See Michigan Laws 442.351a
An artist who is not otherwise an art merchant, who sells or consigns a multiple of the artist’s own creation, shall for the purposes of that sale or consignment incur the obligations prescribed by this act for an art merchant.