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)
---- end of effective 28 Aug 1991 ----
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