Los Angeles Times: Dealers who sell certain signed collectibles will soon be required to provide express warranty
As excerpted from the Los Angeles Times:
Gov. Jerry Brown signed off Thursday on a legislative fix to the state’s law regulating autographed memorabilia. AB 228 will require dealers who sell signed sports and entertainment collectibles for more than $50 to provide an express warranty starting in January 2018.
The measure, proposed by Assemblyman Todd Gloria (D-San Diego), aimed to address some unintended consequences that arose from a bill passed during the previous legislative session.
That law required all signed collectibles sold for more than $5 to come with certificates verifying their authenticity.