399.606 Notice by museum to terminate loan of property; conditions.
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399.606 Notice by museum to terminate loan of property; conditions.
Sec. 6.
Regardless of the date of a loan of property, beginning January 1, 1993, a museum may give notice of termination of a loan of property pursuant to section 7 under any of the following circumstances:
(a)The property was loaned to the museum for an indefinite term.
(b)The property was loaned to the museum for a specific term, and the term has expired.
(c)The property is undocumented property.
(d)The museum is permanently closing.
History: 1992, Act 24, Imd. Eff. Mar. 23, 1992