District of Columbia § 28-5105 Art dealer required to obtain written contract.

District of Columbia Statutes

§ 28-5105 — Art dealer required to obtain written contract.

District of Columbia § 28-5105

Title 28Commercial Instruments and Transactions. [Enacted title]

Ch. 51Works of Fine Art.

This text of District of Columbia § 28-5105 (Art dealer required to obtain written contract.) is published on Counsel Stack Legal Research, covering District of Columbia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

D.C. Code § 28-5105 (2026).

Text

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

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

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

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

(b)If an art dealer violates this section, the Superior Court of the District of Columbia may, at the request of the artist, void the obligation of the artist to the art dealer or to a person to whom the obligation is transferred, other than a holder in due course.

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

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

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

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

(b) If an art dealer violates this section, the Superior Court of the District of Columbia may, at the request of the artist, void the obligation of the artist to the art dealer or to a person to whom the obligation is transferred, other than a holder in due course.