(a) At the time of a loan to a museum, the museum shall:
(1) Make and retain a written record of the following:
(A) The lender's name, address, and telephone number;
(B) A description of the loan;
(C) The date of the loan; and
(D) The expiration date of the loan; and
(2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.
(b) The museum's general duties with respect to a loan include:
(1) Updating museum records whenever:
(A) A lender informs the museum of a change of address or change in the ownership of the loan; and
(B) The lender and museum negotiate a change in the terms of the loan;
(2) Providing the lender with notice about any update concerning the lender's loan; and
(3) Providing copies of ยงยง 13-5-1004, 13-5-1007, and 13-5-1009:
(A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum;
(B) To the lender at the time of the loan; and
(C) Upon a lender's request.
Section: Previous 13-5-1002 13-5-1003 13-5-1004 13-5-1005 13-5-1006 13-5-1007 13-5-1008 13-5-1009 13-5-1010 13-5-1011 13-5-1012 13-5-1013 NextLast modified: November 15, 2016