51-710. Records; maintenance and retention.

142 words·~1 min read·/ne/chapter-51/51-710

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Beginning on July 19, 1996, a museum shall at a minimum maintain and retain the following records, either as originals or accurate copies, for a period of not less than twenty-five years:

(1)A notice of intent to preserve an interest in property, if any;

(2)The loan agreement, if any;

(3)A receipt or ledger for property delivered to an owner or claimant; and

(4)Records containing the following information, as available, for property in the museum's possession:

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

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

(c)The donor's name, address, and telephone number;

(d)The seller's name, address, and telephone number;

(e)The nature and terms of the transaction (loan for specified term, loan for unspecified term, donation, purchase, etc.); and

(f)The beginning date of the loan period or transaction date.