§ 5-62-11 — § 5-62-11. Express warranties for multiples.

§ 5-62-11. Express warranties for multiples.

(a) When an art merchant furnishes the name of the artist of a multiple, or otherwise furnishes information required by this chapter for any time period as to transactions including offers, sales, or consignments, the provisions of § 5-62-9 shall apply, except that the section shall be deemed to include sales to art merchants. The existence of a reasonable basis in fact for information warranted shall not be a defense in an action to enforce the warranty, except in the case of photographs produced prior to nineteen hundred fifty (1950), and multiples produced prior to nineteen hundred (1900).

(b) The provisions of § 5-62-9(4) shall apply when an art merchant disclaims knowledge as to a multiple about which information is required by this chapter; provided, that in addition, the disclaimer shall be ineffective unless clearly, specifically, and categorically stated as to each item of information and contained in the physical context of other language setting forth the required information as to a specific multiple.

Legislative History

P.L. 2000, ch. 429, § 2.