13.01 - Express warranties.

§ 13.01. Express  warranties.  Notwithstanding  any  provision  of any  other law to the contrary:    1. Whenever an art merchant, in selling or exchanging a work  of  fine  art,  furnishes  to  a  buyer  of such work who is not an art merchant a  certificate of authenticity or any similar written instrument it:    (a) Shall be presumed to be part of the basis of the bargain; and    (b) Shall create an express warranty for the material facts stated  as  of the date of such sale or exchange.    2.  Except  as  provided  in  subdivision  four  of this section, such  warranty shall not be negated or limited provided that in construing the  degree of warranty, due regard shall be given the terminology  used  and  the  meaning  accorded  such terminology by the customs and usage of the  trade at the time and in the locality where the sale  or  exchange  took  place.    3.  Language  used in a certificate of authenticity or similar written  instrument, stating that:    (a) The work is by a named author or has a named  authorship,  without  any  limiting words, means unequivocally, that the work is by such named  author or has such named authorship;    (b) The work is "attributed to a named author" means  a  work  of  the  period  of the author, attributed to him, but not with certainty by him;  or    (c) The work is of the "school of a named author" means a work of  the  period  of  the  author, by a pupil or close follower of the author, but  not by the author.    4. (a) An express warranty and disclaimers intended to negate or limit  such warranty shall be construed wherever reasonable as consistent  with  each other but subject to the provisions of section 2-202 of the uniform  commercial  code  on parol or extrinsic evidence, negation or limitation  is inoperative to the extent that such construction is unreasonable.    (b) Such negation or limitation shall be deemed unreasonable if:    (i) the disclaimer is not conspicuous,  written  and  apart  from  the  warranty, in words which clearly and specifically apprise the buyer that  the seller assumes no risk, liability or responsibility for the material  facts  stated  concerning  such  work  of  fine  art.  Words  of general  disclaimer are not sufficient to negate or limit an express warranty; or    (ii) the work of fine art is proved to be a counterfeit and  this  was  not clearly indicated in the description of the work; or    (iii) the information provided is proved to be, as of the date of sale  or exchange, false, mistaken or erroneous.