Section 201-E:1 – Title.
201-E:1 Title. – This chapter may be cited as the "Museum Property Act". Source. 1989, 87:2, eff. June 30, 1989.
201-E:1 Title. – This chapter may be cited as the "Museum Property Act". Source. 1989, 87:2, eff. June 30, 1989.
201-E:2 Definitions. – In this chapter: I. "Loan" means a deposit of property not accompanied by a transfer of title to the property. II. "Museum" means an institution located in New Hampshire operated by a nonprofit corporation or a public agency, primarily for educational, scientific, historic preservation, or aesthetic purposes, which owns, cares for, […]
201-E:3 Property Held Without a Loan Agreement. – Any property held by a museum within the state, other than by terms of a loan agreement, that has been held for 5 years or more and has remained unclaimed shall be deemed to be abandoned. Such property shall become the property of the museum, if […]
201-E:4 Property Held Subject to a Loan Agreement. – I. Property subject to a loan agreement which is on loan to a museum shall be deemed to be donated to the museum if no claim is made or action filed to recover the property after termination or expiration of the loan and if the […]
201-E:5 Notice Requirements. – I. When a museum is required to give notice of abandonment of property or of termination of a loan, the museum shall mail such notice by certified mail, return receipt requested, to the last known owner at the most recent address of such owner as shown on the museum’s records. […]
201-E:6 Property Vested In Museum. – I. If no written assertion of title has been presented by the owner to the museum within 90 days from the date of the second published notice, title to the property shall vest in the museum, free of all claims of the owner and of all persons claiming […]
201-E:7 Rulemaking. – The commissioner of the department of natural and cultural resources shall adopt rules under RSA 541-A relative to: I. The form of written notification to persons loaning property under RSA 201-E:4, V. II. Procedures for recordkeeping. Source. 1989, 87:2. 1990, 73:1. 1998, 363:3, eff. Aug. 25, 1998. 2017, 156:38, eff. July […]