California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 1.2 — Sale of Fine Prints, Chapter 2 — Full Disclosure in the Sale of Fine Prints, Section 1742.6

Any charitable organization which conducts a sale or auction of fine art multiples shall be exempt from the disclosure requirements of this title if it posts in a conspicuous place, at the site of the sale or auction, a disclaimer of any knowledge of the information specified in Section 1744, and includes such a disclaimer in a catalogue, if any, distributed by the organization with respect to the sale or auction of fine art multiples. If a charitable organization uses or employs an art dealer to conduct a sale or auction of fine art multiples, the art dealer shall be subject to all disclosure requirements otherwise required of an art dealer under this title.

Notes

Exempts a charitable organization’s fine-art-multiple sale or auction from the title’s disclosure requirements if it conspicuously posts the required disclaimer and includes it in any catalogue. The exemption does not protect an art dealer employed to conduct the sale or auction; that dealer remains subject to all otherwise applicable disclosure duties.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1742.6 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-1-2/chapter-2/section-1742-6

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.