Wisconsin § 129.05 Art dealer required to obtain written contract.

Wisconsin Statutes

§ 129.05 — Art dealer required to obtain written contract.

Wisconsin § 129.05

Ch. 129Consignments of works of fine art

This text of Wisconsin § 129.05 (Art dealer required to obtain written contract.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Wis. Stat. § 129.05 (2026).

Text

05
05(1) (1) 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:
05(1)(a) (a) The value of the work of fine art;
05(1)(b) (b) 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
05(1)(c) (c) The minimum price for the sale of the work of fine art.
05(2) (2) If an art dealer violates this section a court may, at the request of the artist, void the obligation of the artist to that art dealer or to a person to whom the obligation is transferred, other than a holder in due course.

Free access — add to your briefcase to read the full text and ask questions with AI

129.05
129.05(1) (1) 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:
129.05(1)(a) (a) The value of the work of fine art;
129.05(1)(b) (b) 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
129.05(1)(c) (c) The minimum price for the sale of the work of fine art.
129.05(2) (2) If an art dealer violates this section a court may, at the request of the artist, void the obligation of the artist to that art dealer or to a person to whom the obligation is transferred, other than a holder in due course.