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Michigan Compiled Laws Act 24 Of 1992 The Museum Disposition Of Property Act (399.601 - 399.613)
AN ACT to provide for the disposition of property loaned to museums, archives, and libraries.
1992, Act 24, Imd. Eff. Mar. 23, 1992
Section 399.601 Short Title.
This act shall be known and may be cited as “the museum disposition of property act”. History: 1992, Act 24, Imd. Eff. Mar. 23,
Section 399.602 Definitions.
As used in this act: (a) “Lender” means a person whose name appears on the records of the museum as the person legally entitled...
Section 399.603 Property Loaned To Museum On Or After January 1, 1993; Duties.
For each item of property loaned to a museum on or after January 1, 1993, the museum shall do all of the following at...
Section 399.604 Property Loaned To Museum Generally; Duties.
Regardless of the date of a loan of property, a museum shall do each of the following: (a) Update its records if a lender...
Section 399.605 Notice Of Change In Lender Or Designee's Address Or Ownership.
For each item of property loaned to a museum on or after January 1, 1993, a lender shall provide the museum with written notice...
Section 399.606 Notice By Museum To Terminate Loan Of Property; Conditions.
Regardless of the date of a loan of property, beginning January 1, 1993, a museum may give notice of termination of a loan of...
Section 399.607 Notice By Museum To Terminate Loan Of Property; Determining Identity And Last Known Address Of Lender; Written Statement Included In Notice; Signed Return Receipt Not Received; Publication Of Notice In Newspaper.
(1) Before terminating a loan of property, a museum shall provide notice of a termination of a loan of property as provided in this...
Section 399.608 Property Loaned For Indefinite Term.
Beginning January 1, 1993, regardless of the date of a loan of property, a lender may give notice of termination of a loan of...
Section 399.609 Documentation Establishing Ownership.
A museum shall require a person to provide documentation sufficient to establish that the person is a lender of an item of property or...
Section 399.610 Competing Claims For Property.
If more than 1 person claims to be the lender of an item of property, and the claims are competing, a museum may wait...
Section 399.611 Museum Gaining Title To Property; Conditions; Notice.
(1) Beginning January 1, 1993, a museum gains title to an item of property, subject only to an interest or interests in that property...
Section 399.612 Abrogation Of Rights And Obligations.
This act does not abrogate rights and obligations of a lender or museum identified in a written agreement. History: 1992, Act 24, Imd. Eff....
Section 399.613 Immunity From Civil Liability.
Beginning January 1, 1993, a museum that in good faith relinquishes property in compliance with this act to a lender is immune from civil...
Last modified: October 10, 2016