As used in this chapter, unless the context requires a different meaning: “Loaned property” means all museum property deposited on or after July 1, 2002, with a museum not accompanied by a transfer of title to the property. “Museum” means an institution located in the Commonwealth and operated by a nonprofit corporation or public agency […]
A. Except as may be otherwise provided in a written agreement between a lender and a museum, no action shall be brought against a museum to recover loaned property when more than five years have passed from (i) the receipt by the museum of written communication concerning the loaned property or (ii) any display of […]
When a museum accepts a loan of property, the museum shall inform the lender in writing of the provisions of this chapter. 2002, c. 883, § 55-210.33; 2019, c. 712.
Any person who purchases property from a museum acquires good title to the property if the museum represents that it has acquired title to the property pursuant to § 55.1-2601. 2002, c. 883, § 55-210.34; 2019, c. 712.
A. If the property was loaned to the museum for an indefinite time, the museum may provide notice of termination of a loan of property at any time on the museum’s website or by providing written notice of such termination to the lender, if known. If the property was loaned to the museum for a […]
A. To give notice of termination of a loan of property, the museum shall mail a notice to the lender at the most recent address of the lender as shown on the museum’s records pertaining to the loaned property. If the museum has no address in its records, or the museum does not receive written […]
A. A museum shall have the authority to acquire legal title to undocumented property if the museum can verify through written records that it has held such property for five years or longer, during which period no valid claim to the property has been asserted and no person has contacted the museum regarding the property, […]
Except as otherwise provided in a written agreement between a lender and a museum, property loaned to or deposited with a museum prior to July 1, 2002, may be discarded or transferred to another museum located in Virginia, provided that (i) the notice provisions of §§ 55.1-2604 and 55.1-2605 have been complied with and (ii) […]
