Consignment contract requirements.

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(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. [1981 c.410 §5; 1985 c.830 §4; 2011 c.230 §3]


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