Michigan Compiled Laws § 399.606 Notice By Museum To Terminate Loan Of Property; Conditions.

399.606 Notice by museum to terminate loan of property; conditions.

Sec. 6.

Regardless of the date of a loan of property, beginning January 1, 1993, a museum may give notice of termination of a loan of property pursuant to section 7 under any of the following circumstances:

(a) The property was loaned to the museum for an indefinite term.

(b) The property was loaned to the museum for a specific term, and the term has expired.

(c) The property is undocumented property.

(d) The museum is permanently closing.

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

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Last modified: October 10, 2016