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§ 2124. Property and proceeds

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 32. Artworks Consignment Act
73 P.S. § 2124
§ 2124. Property and proceeds
Currentness
(a) Trust property.--A craft or work of fine art accepted on consignment is trust property being held by the consignee for the benefit of the consignor.
(b) Proceeds.--Any proceeds due the consignor from the sale of a craft or work of fine art on consignment are trust funds held by the consignee for the benefit of the consignor.

Credits

1986, Dec. 11, P.L. 1505, No. 162, § 4, effective in 60 days.
73 P.S. § 2124, PA ST 73 P.S. § 2124
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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