Illinois Compiled Statutes 765 ILCS 1033 Museum Disposition of Property Act. Section 50

    (765 ILCS 1033/50)

    Sec. 50. Miscellaneous Provisions.

    (a) This Act does not abrogate the rights and obligations of a lender, claimant, or museum identified in a written agreement.

    (b) This Act applies to all property held by or in the custody of a museum on or after the effective date of this Act.

    (c) This Act does not preclude a museum from availing itself of any other statutory or judicial method of establishing or perfecting title to property in the museum's custody.

    (d) If a museum's right under this Act is wrongfully challenged, the museum shall have the right to recover its costs and expenses and reasonable attorney's fees.

(Source: P.A. 90-604, eff. 1-1-99.)

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Last modified: February 18, 2015