Michigan Statutes

§ 442.311 — Definitions.

Michigan § 442.311
JurisdictionMichigan
Ch. 442SALES
Act 90 of 1970SALES OF FINE ART (442.311-442.315)

This text of Michigan § 442.311 (Definitions.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mich. Comp. Laws § 442.311 (2026).

Text

SALES OF FINE ART (EXCERPT) Act 90 of 1970 442.311 Definitions. Sec. 1. As used in this act:

(a)“Art dealer” means a person engaged in the business of selling works of fine art, other than a person exclusively engaged in the business of selling goods at public auction.
(b)“Artist” means the creator of a work of fine art or, if the creator is deceased, the creator's heirs or personal representatives.
(c)“Bona fide purchaser” means a person who in good faith makes a purchase without notice of any outstanding rights of others.
(d)“Commission” means the fee, compensation, or percentage of actual selling price of a work of fine art, agreed upon by the artist and art dealer, which the art dealer may retain after sale of the artist's work of fine art to a third party.
(e)“Consignor” means a

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Legislative History

1970, Act 90, Eff. Jan. 1, 1971 ;-- Am. 1982, Act 396, Eff. Mar. 30, 1983

Nearby Sections

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Bluebook (online)
Michigan § 442.311, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/442/442.311.