§ 11-8A-03. Bailment until full payment
West's Annotated Code of MarylandCommercial Law
MD Code, Commercial Law, § 11-8A-03
§ 11-8A-03. Bailment until full payment
Notwithstanding the subsequent purchase of the work of fine art by the art dealer directly or indirectly for the art dealer's own account, a work of fine art that is bailment property when initially accepted by the art dealer remains bailment property until the purchase price, minus the agreed upon commission, is paid in full to the artist.
Credits
Added by Acts 1983, c. 486 § 1, eff. July 1, 1983. Amended by Acts 1984, c. 255.
MD Code, Commercial Law, § 11-8A-03, MD COML § 11-8A-03
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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