Oregon § 359.220 Consignment contract requirements

Oregon Statutes

§ 359.220 — Consignment contract requirements

Oregon § 359.220

Vol.9

Title 30Education and Culture

Ch. 359Art and Culture

This text of Oregon § 359.220 (Consignment contract requirements) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 359.220 (2026).

Text

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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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.