(a)(1) A museum accepting a loan of property shall inform the lender, in writing,
of the provisions of this chapter at the time the loan is made. A copy of this chapter or a citation to this chapter within the loan agreement shall
satisfy the requirements of this subsection.
(2) A museum shall notify a lender or claimant of the museum's change of address or
(3) A museum shall retain all written records regarding property acquired under this
chapter for at least 10 years from the date that the museum acquired title to the
property or until the dissolution of the museum, whichever occurs first.
(b)(1) A lender, a lender's heir or legal agent, or a claimant shall notify the museum
promptly, in writing, of a change in ownership of loaned property or if there is a
change in the name or address of the lender or claimant.
(2) A lender or claimant may file with a museum a written notice of interest in the
property held by the museum. A notice of interest in the property shall:
(i) contain an adequate description of the property to enable the museum to identify
(ii) be accompanied by documentation sufficient to establish the lender or claimant
as the owner of the property; and
(iii) be signed under penalty of perjury by the lender or claimant, or by a person
authorized to act on behalf of the lender or claimant.
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