171.836 Museum's ability to acquire title to property held by loan or otherwise.
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/ky/chapter-171/171-836A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)If property is on loan to a museum pursuant to a loan agreement and the loan term
expires, then the museum may initiate proceedings, pursuant to KRS 171.840, to
cause title to the property to vest in the museum.
(2)After a museum has held property for seven
(7)years, other than by the terms of a
loan agreement, that museum may initiate proceedings, pursuant to KRS 171.840,
to cause title to the property to vest in the museum.
(3)This section shall be retroactive.