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The law is codified at California Civil Code § 987. [4] The California Art Preservation Act was the first major law to specifically address artists' rights in the United States. [6] [7] Portions of the law may overlap with the provisions of the Visual Artists Rights Act, in which case the California law is preempted by the federal law. [8]
The artist at the time of the sale is a United States citizen or has been a California resident for at least two years. The seller resides in California or the sale takes place in California. The work is an original painting, drawing, sculpture or original work of art in glass. The work is sold by the seller for more money than she or he paid.
Markel Specialty provides property and casualty solutions for standard and hard-to-place risks to commercial customers and individuals for the insuring of: camps; child care centers; horses and farms; medical transportation, motorcycle, boat, and ATV owners; museums and fine art collections; pest control operators; schools; social service agencies; and small businesses.
Art loans may be made for many reasons, some of which may include advances against art not yet produced (usually made to artists of some repute), advances against items to be auctioned or otherwise sold (known as a bridge loan to sale, a type of bridge loan), to finance new purchases (known as acquisition financing and similar to a mortgage), and loans to assist dealers amass inventory (known ...
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The California FAIR Plan is an insurance program of last resort for homeowners in high-risk areas of the Golden State who are unable to obtain fire coverage in the private insurance market ...
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