Michigan § 442.363 - Art merchant as agent for consignor or artist; liabilities; effect of good faith reliance on incorrect information.
Full text of Michigan Michigan Compiled Laws § 442.363 — Art merchant as agent for consignor or artist; liabilities; effect of good faith reliance on incorrect information., with citation guidance and answers to common questions.
§ 442.363. Art merchant as agent for consignor or artist; liabilities; effect of good faith reliance on incorrect information.
If for purposes of effecting the sale of a multiple, an art merchant has agreed to act as the agent for a consignor who is not an art merchant, or if for purposes of supplying the information required by this act, an art merchant has agreed to act as the agent for an artist, the art merchant shall incur the liabilities prescribed by this act with respect to a purchaser. However, if the art merchant can establish that his or her liability results from incorrect information which was provided to the art merchant in writing by the consignor or artist, and that the art merchant in good faith relied on the information, the consignor or artist shall similarly incur the liabilities with respect to the purchaser and the art merchant.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 442.363
What does Michigan Compiled Laws § 442.363 cover?
Section 442.363 ("Art merchant as agent for consignor or artist; liabilities; effect of good faith reliance on incorrect information.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. 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 Michigan § 442.363?
A common citation format is "Michigan Compiled Laws § 442.363" (Michigan). 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 Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 442.363 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan 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 Michigan.