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The changing face of artist's resale royalties

  • Patterson Belknap Webb & Tyler LLP
  • -
  • Australia, USA
  • -
  • December 7 2010

In February 2009, a bill was introduced in the New York State Assembly that would require the seller to pay 5 of the sale price to the artist every time a work of art by a living artist is sold in New York for $1,000 or more