Indiana § 24-4-17-11 - Conditions of accepting an item for commission on consignment; remedies
Full text of Indiana Indiana Code § 24-4-17-11 — Conditions of accepting an item for commission on consignment; remedies, with citation guidance and answers to common questions.
§ 24-4-17-11. Conditions of accepting an item for commission on consignment; remedies
Sec. 11. (a) A retail merchant may accept an item for commission on consignment from a person only if, not later than seven (7) days after accepting the item, the retail merchant enters into a written contract with the person that specifies the following:
(1) The value of the item.
(2) The time within which the proceeds from the sale must be paid to the consignor if the item is sold.
(3) The commission the retail merchant is to receive if the item is sold.
(4) The minimum price for the sale of the item.
(5) Any discounts ordinarily given by the retail merchant in the regular course of business.
(b) If a retail merchant violates this section, the consignor may bring an action in a court with jurisdiction to void the consignor's contractual obligations to the retail merchant. A retail merchant who violates this section is liable to the consignor in an amount equal to:
(1) fifty dollars ($50);
(2) any actual, consequential, or incidental damages sustained by the consignor because of the violation of this section; and
(3) reasonable attorney's fees.
As added by P.L.85-2009, SEC.2. Amended by P.L.1-2010, SEC.97.
IC 24-4-18Chapter 18. Criminal History Providers
24-4-18-1"Criminal history information" 24-4-18-2"Criminal history provider" 24-4-18-3"Criminal history report" 24-4-18-4"Criminal justice agency" 24-4-18-5"Law enforcement agency" 24-4-18-6Providing criminal history information; prohibited information; exceptions 24-4-18-7Criminal history data updates 24-4-18-8Violation is deceptive act; application of the federal Fair Credit Reporting Act
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 24-4-17-11
What does Indiana Code § 24-4-17-11 cover?
Section 24-4-17-11 ("Conditions of accepting an item for commission on consignment; remedies") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 24-4-17-11?
A common citation format is "Indiana Code § 24-4-17-11" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 24-4-17-11 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.