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Illinois Statutes Chapter 765. Property § 1033/10. Definitions

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§ 10. Definitions. As used in this Act, unless the context requires otherwise:

Museum” means an institution or entity located in Illinois that:

(i) is operated by a non-profit corporation, trust, association, public agency, or educational institution;

(ii) is operated primarily for educational, scientific, historic preservation, cultural, or aesthetic purposes; and

(iii) owns, borrows, cares for, exhibits, studies, archives, or catalogues property.

Museum” includes, but is not limited to, historical societies, historic sites, landmarks, parks, archives, monuments, botanical gardens, arboreta, zoos, nature centers, planetaria, aquaria, libraries, technology centers, and art, history, science, and natural history museums.

Property” means documents or tangible objects, animate or inanimate, in the custody of a museum.

Person” means an individual, association, partnership, corporation, trust, estate, or other entity having a legal interest in property in the custody of a museum.

Lender” means a person whose name appears on the records of a museum as the person legally entitled to property held by the museum.

Claimant” means a person, other than the lender of record, who claims to be legally entitled to, or who establishes his or her legal entitlement to, property held by the museum.

Lender's or claimant's address” means a description of the most recent location of a lender or claimant, as indicated on the museum's records pertaining to the property on loan from the lender or claimant, sufficient for the purpose of delivering mail.

Loan” means a deposit of property with a museum that is not accompanied by a transfer of title to the property or other evidence of donative intent; however, “loan” does not include a consignment of property for sale.

Permanent loan” means a loan of property to a museum for an indefinite term.

Undocumented property” means property:

(i) that is held by a museum;

(ii) that is assumed to be a gift to the museum; and

(iii) whose ownership cannot be determined by reference to the museum's records.

Cite this article: - Illinois Statutes Chapter 765. Property § 1033/10. Definitions - last updated January 01, 2019 |

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