184.118. Title to property museum's obligation to lender or claimant — records to be retained, time period, content.

235 words·~1 min read·/mo/chapter-184/184-118

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184.118. Title to property museum's obligation to lender or claimant — records to be retained, time period, content. — In order to take title pursuant to sections 184.101 to 184.122 , a museum has the following obligations to a lender or claimant:

(1)The museum shall retain all written records regarding the property for at least three years from the date of taking title pursuant to sections 184.101 to 184.122 ;

(2)The museum shall keep written records of all loaned property acquired pursuant to section 184.111 or 184.112 . Records maintained under this subsection shall contain the following information, as available:

(a)The lender's name, address, and phone number;

(b)The claimant's name, address, and phone number;

(c)The nature and terms of the loan;

(d)The beginning date of the loan period, if known;

(3)On or after December 31, 1991, a museum accepting a loan of property for an indefinite term or for a term of seven years or longer shall inform the lender in writing at the time of the loan of the provisions of sections 184.101 to 184.122 . A copy of the form notice prescribed in section 184.114 or a citation to the provisions of sections 184.101 to 184.122 shall fulfill this obligation;

(4)The museum is responsible for notifying a lender or claimant of the museum's change of address or dissolution.

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(L. 1991 S.B. 344 § 10)