Sec. 2.
As used in this act:
(a) “Lender” means a person whose name appears on the records of the museum as the person legally entitled to property on loan to a museum, or a person the museum knows to be legally entitled to property on loan to a museum, or a person who establishes his or her legal entitlement to that property.
(b) “Loan” means a deposit of property that is not accompanied by a transfer of title to the property.
(c) “Museum” means an institution generally known as a museum, archives, or library located in this state that is or does each of the following:
(i) Established primarily for artistic, educational, scientific, historic, or preservation purposes.
(ii) Exhibits, cares for, studies, archives, or catalogs property.
(iii) Operated by a nonprofit corporation, college, university, or public agency.
(d) “Property” means an animate or inanimate object in a museum's possession or under a museum's care because of that object's artistic, educational, scientific, historic, or cultural value.
(e) “Undocumented property” means property in the possession of a museum, the owner or lender of which the museum has no reasonable means of identifying.
History: 1992, Act 24, Imd. Eff. Mar. 23, 1992
Last modified: October 10, 2016