Cuomo for Artists
Inspired by instances of dealers dipping into artists’ funds when experiencing financial hardship, Governor Andrew Cuomo has signed a bill that makes it a misdemeanor for art dealers to use funds owed to an artist from the sale of an artwork to pay for gallery operating expenses.
“The only people it isn’t good for are the people who are dishonest. It’s something that helps New York continue to be the center of the art world,” John Cahill, the chair of the Art Law Committee, told GalleristNY.
- 1 year ago,
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