|New law took effect Jan 1 for collectible sales in CA
|Page 1 of 1|
|Author:||TheCollector [ Fri Jan 13, 2017 9:01 am ]|
|Post subject:||New law took effect Jan 1 for collectible sales in CA|
Hey folks, I was checking out the dt.org threads today and saw a post on a new California law requires a certificate of authenticity for all autographed items sold for over $5. The new law is an expansion of CA Civil Code §1739.7, which had regulated autographed sports memorabilia. AB 1570 removes the “sports” limitation, potentially bringing all non-sports autographs, including art, within its purview.
In a nutshell this means if you're selling a S/L book to someone in CA you would have to provide them a COA, with some specific details like your address and keep a copy of it for 7 years. Failure to do so can incur some vague but harsh sounding penalities if someone takes you to court.
Here's the full law
https://leginfo.legislature.ca.gov/face ... 0160AB1570
Here's a blog article that puts it in more laymans terms
http://www.artlawgallery.com/2016/12/ar ... graph-law/
Here's a link to a change.org petition to repeal the law
https://www.change.org/p/california-sta ... m=copylink
And here's the link to the dt.org thread that's up on it
http://www.thedarktower.org/palaver/sho ... aw-AB-1570
|Page 1 of 1||All times are UTC - 8 hours|
|Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group