As used in this part, unless the context otherwise requires:

(1) “Art dealer” means a person engaged in the business of selling works of art, other than a person exclusively engaged in the business of selling goods at public auction;

Terms Used In Tennessee Code 47-25-1002

  • Consignment: means that no title to, estate in, or right to possession of, the work of art, superior to that of the consignor shall vest in the consignee, notwithstanding the consignee's power or authority to transfer and convey to a third person all of the right, title, and interest of the consignor in and to such work of art. See Tennessee Code 47-25-1002
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Legatee: A beneficiary of a decedent
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: means an individual, partnership, corporation, association, or other group, however organized. See Tennessee Code 47-25-1002
  • Personal representative: when applied to those who represent a decedent, includes executors and administrators, unless the context implies heirs and distributees. See Tennessee Code 1-3-105
  • Work of art: means an original art work which is:
    (A) A visual rendition, including a painting, drawing, sculpture, mosaic, or photograph. See Tennessee Code 47-25-1002
(2) “Artist” means the person who creates a work of art, or, if such person is deceased, such person’s heir, legatee, or personal representative;
(3) “Consignment” means that no title to, estate in, or right to possession of, the work of art, superior to that of the consignor shall vest in the consignee, notwithstanding the consignee’s power or authority to transfer and convey to a third person all of the right, title, and interest of the consignor in and to such work of art;
(4) “Co-operative” means an association or group of artists which:

(A) Engages in the business of selling only works of art which are produced or created by such artists;
(B) Jointly owns, operates, and markets such business; and
(C) Accepts such works of art from its members on consignment;
(5) “Person” means an individual, partnership, corporation, association, or other group, however organized; and
(6) “Work of art” means an original art work which is:

(A) A visual rendition, including a painting, drawing, sculpture, mosaic, or photograph;
(B) A work of calligraphy;
(C) A work of graphic art, including an etching, lithograph, offset print, or silk screen;
(D) A craft work in materials, including clay, textile, fiber, wood, metal, plastic, or glass; or
(E) A work in mixed media, including a collage or a work consisting of any combination of subdivisions (6)(A)-(D).
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