Maryland Code, COMMERCIAL LAW 11-8A-01
Terms Used In Maryland Code, COMMERCIAL LAW 11-8A-01
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- including: means includes or including by way of illustration and not by way of limitation. See
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(b) “Art dealer” means an individual, partnership, firm, association, or corporation, other than a public auctioneer, that undertakes to sell a work of fine art created by someone else.
(c) “Artist” means the creator of a work of fine art.
(d) “On consignment” means delivered to an art dealer for the purpose of sale or exhibition, or both, to the public by the art dealer other than at a public auction.
(e) “Work of fine art” means an original art work which is:
(1) A visual rendition including a painting, drawing, sculpture, mosaic, or photograph;
(2) A work of calligraphy;
(3) A work of graphic art including an etching, lithograph, offset print, or silk screen;
(4) A craft work in materials including clay, textile, fiber, wood, metal, plastic, or glass; or
(5) A work in mixed media including a collage or a work consisting of any combination of works included in this subsection.