KRS 365.865: Work of art consigned remains trust property until payment received by

consignor.

A work of fine 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 or upon agreement to an

installment sales contract. If an installment sales contract has not been agreed to and such

work is thereafter resold to a bona fide purchaser before the con signor 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 contin ue until the fiduciary obligation of the

consignee with respect to such transaction is discharged in full.