---
title: O.C.G.A. § 10-1-525. Art received as consignment to remain trust property; not subject or subordinate to claims, liens, or security interests.
collection: code
id: 10-1-525
cite_as: O.C.G.A. § 10-1-525 (2025)
canonical_url: https://georgiacommons.org/code/10-1-525
md_url: https://georgiacommons.org/code/10-1-525.md
text_url: https://georgiacommons.org/code/10-1-525/text
source_url: https://www.legis.ga.gov/api/document/docs/default-source/joint-features-document-library/t10-(v8)-2024-pdf.pdf?sfvrsn=1992b47e_0#page=415
date: 2025
status: active
corpus_version: 2025-supplement-89aa39ab3c68
license: CC0-1.0
publisher: Georgia Commons, an independent project of Georgia Civic Data. Not the State of Georgia. Not legal advice.
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version: the only printed version
in_force: true
current_through: Including Acts of the 2025 Regular Session of the General Assembly
heading_path: COMMERCE AND TRADE / SELLING AND OTHER TRADE PRACTICES / CONSIGNMENT OF ART
---

# O.C.G.A. § 10-1-525. Art received as consignment to remain trust property; not subject or subordinate to claims, liens, or security interests.

(a) A work of art received as a consignment shall remain trust property, notwithstanding the subsequent purchase thereof by the consignee directly or indirectly for the consignee’s own account, until the price is paid in full to the consignor. If such work is thereafter resold to a bona fide purchaser before the consignor has been paid in full, the proceeds of the resale received by the consignee shall constitute funds held in trust for the benefit of the consignor to the extent necessary to pay any balance still due to the consignor and such trusteeship shall continue until the fiduciary obligation of the consignee with respect to such transaction is discharged in full.

(b) No such trust property or trust funds shall be or become subject or subordinate to any claims, liens, or security interests of any kind or nature whatsoever of the consignee’s creditors, anything in Code Section 11-2-326 or any other provision of Title 11 to the contrary notwithstanding.

## History

Code 1981, § 10-1-525, enacted by Ga. L. 1995, p. 267, § 1.

## Code Commission Notes

Pursuant to Code Section 28-9-5, in 1995, a comma was deleted following “whatsoever” in subsection (b).