Section 34-45-4. – Definitions.
§ 34-45-4. Definitions. Terms used in this chapter shall be defined as follows, unless another meaning is expressed or clearly apparent from the language or context: (1) “Appurtenant land” means only the land and related facilities which are currently dedicated to the federally insured or assisted rental units, and does not include land which may […]
Section 34-45-5. – Notice of termination of section 8 contract.
§ 34-45-5. Notice of termination of section 8 contract. (a) Not less than two (2) years prior to terminating any contract under which rental assistance payments are received under § 8 of the United States Housing Act of 1937, 42 U.S.C. § 1437f, an owner shall provide written notice to the corporation, specifying the reasons […]
Section 34-45-6. – Notice of discontinuance.
§ 34-45-6. Notice of discontinuance. (a) Not less than two (2) years prior to: (1) Selling, leasing, or disposing of prepaying obligations secured by a federally insured or assisted development in a manner which would result in either: (i) A discontinuance of the use of the development as a federally insured or assisted housing development, […]
Section 34-45-7. – Opportunity to purchase.
§ 34-45-7. Opportunity to purchase. No owner shall: (1) Sell, lease, or otherwise dispose of, or prepay any obligation secured by, a federally insured or assisted development in a manner which would result in either: (i) A discontinuance of the use of the development as a federally insured or assisted housing development or a development […]
Section 34-44.1-2. – Property held subject to a loan agreement.
§ 34-44.1-2. Property held subject to a loan agreement. (a) Any property on loan to a museum that is subject to a loan agreement shall be deemed to be donated to the museum if: (1) No claim of ownership is made or action filed to recover such property by the owner or lender after termination […]
Section 34-44.1-3. – Property held without a loan agreement.
§ 34-44.1-3. Property held without a loan agreement. (a) Any property in the possession of a museum that is not subject to a loan agreement shall be deemed to be abandoned if: (1) The property is unclaimed and has been in the possession of the museum as unclaimed property for at least five (5) years; […]
Section 34-44.1-4. – Maintenance of records.
§ 34-44.1-4. Maintenance of records. On or after the effective date of this chapter, each museum shall maintain a record of all property on loan to the museum which shall include, if known, the name and address of the lender and the dates that the property is to be on loan to the museum and […]
Section 34-44.1-5. – Notice requirements.
§ 34-44.1-5. Notice requirements. (a) Prior to a museum accepting donated property pursuant to § 34-44.1-2, or taking ownership of abandoned property pursuant to § 34-44.1-3, the museum shall make a reasonable good faith effort to find the address of the lender and provide notice that the museum may become the owner of the property. […]
Section 34-44-8. – Expenses of receivership — Fees.
§ 34-44-8. Expenses of receivership — Fees. The court may assess as court costs, the costs and expenses set out in § 34-44-6(2) of this chapter, and may approve receiver’s fees to the extent that they are not covered by the income from the property. Any expenses incurred by a receiver pursuant to the exercise […]
Section 34-44-9. – Discharge of a receiver.
§ 34-44-9. Discharge of a receiver. The receiver may be discharged by the judge as provided in § 34-44-12 or at any time in the discretion of the court. The receiver shall be discharged when all of the following have occurred: (1) The public nuisance has been abated; (2) All costs, expenses, and approved fees […]