44-351. Definitions For the purposes of this chapter, unless the context otherwise requires: 1. " Lender" means a person whose name appears on the records of the museum as the person legally entitled to property held or owing by the museum. 2. " Lender’s last known address" means a description of the location of the […]
44-352. Acquiring title to loaned property A. A museum may acquire title to loaned property pursuant to this section. If, since the expiration date of the loan, seven years have passed with no written contact between the lender and the museum or if the loan has no expiration date and at least seven years have […]
44-353. Acquiring title to undocumented property A. A museum may acquire title to undocumented property held by a museum for seven years or longer, verifiable through written records, with no valid claim or contact by any person in the following manner: 1. The museum shall publish a notice once a week for two consecutive weeks […]
44-354. Reclamation of property After title to the loaned property is transferred to the museum the lender has two years to bring an action against the museum to claim the property. At the end of this two year period no action or proceeding may be brought against the museum, its employees or agents by a […]
44-355. Museum obligations to the lender In order to take title pursuant to this chapter a museum shall have the following obligations to a lender: 1. The museum must keep written records regarding the property for at least two years from the date of taking title pursuant to this chapter. 2. The museum must keep […]
44-356. Lender obligations to the museum The lender shall notify the museum of a change of address or of a change in ownership of the loaned property in order to ensure the retention of rights to the loaned property.
