Sec. 6. As used in this chapter, "on consignment" means that no:
(1) title to;
(2) estate in; or
(3) right to possession of;
an item superior to that of the consignor vests in the consignee, even if the consignee has the authority to transfer the consignor's right, title, and interest in the work of art to a third party.
As added by P.L.85-2009, SEC.2.
Structure Indiana Code
Article 4. Regulated Businesses
Chapter 17. Retail Consignment Sales
24-4-17-2. "Bona Fide Purchaser"
24-4-17-8. Trust Property; Retail Merchant as Trustee; Exceptions; Liability
24-4-17-9. Funds From Sale of Item on Consignment as Trust Funds
24-4-17-10. Trust Property Exempt From Claims Against the Retail Merchant
24-4-17-11. Conditions of Accepting an Item for Commission on Consignment; Remedies