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Section 399.603 Property Loaned to Museum on or After January 1, 1993; Duties.

MI Comp L § 399.603 (2019) (N/A)
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Sec. 3.

For each item of property loaned to a museum on or after January 1, 1993, the museum shall do all of the following at the time of the loan:

(a) Make and retain a written record containing at least all of the following information:

(i) The owner's name, address, and telephone number.

(ii) The name, address, and telephone number of a person designated by the owner for the museum to contact in the event that the owner cannot be located.

(iii) A description of the property loaned.

(iv) The beginning date of the loan.

(v) The duration of the loan.

(b) Provide the lender a signed receipt or loan agreement containing at least the record set forth in subdivision (a).

(c) Inform the lender of the existence of this act and provide the lender with a copy of this act upon the lender's request.

History: 1992, Act 24, Imd. Eff. Mar. 23, 1992

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