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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) In this subtitle the following words have the meanings indicated.
(b) “Address of the lender” means the most recent address of a lender as shown on the museum's records pertaining to property on loan from the lender.
(c)(1) “Conservation measure” means any action taken toward the long-term preservation of property.
(2) “Conservation measure” includes examination, documentation, treatment, and preventive care of property, supported by research and education.
(d) “Lender” means a person whose name appears on the records of a museum as the person legally entitled to, or claiming to be legally entitled to, property held by the museum.
(e) “Loan” means a deposit of property not accompanied by a transfer of title to that property.
(f) “Museum” means an institution located in the State that:
(1) Is operated by a person primarily for education, scientific, historic preservation, or aesthetic purposes; and
(2) Owns, borrows, cares for, exhibits, studies, archives, or catalogs property.
(g) “Permanent loan” means a loan of property to a museum for an indefinite period.
(h) “Property” means a tangible object under a museum's care that has intrinsic historic, artistic, scientific, or cultural value.
(i) “Undocumented property” means property in the possession of a museum for which the museum cannot determine the owner by reference to the museum's records.
(j) “Unsolicited donation” means any property that is left in the control of a museum that is from an unknown source and can be reasonably assumed to have been intended as a gift to the museum.
Cite this article: FindLaw.com - Maryland Code, Commercial Law § 17-401 - last updated January 01, 2025 | https://codes.findlaw.com/md/commercial-law/md-code-coml-sect-17-401/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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