(1) No action shall be brought against a museum to recover property on loan to the museum when more than 25 years have passed from the date of the last written contact between the lender and the museum.
(2) Property on loan to a museum shall be deemed to have been donated to the museum if no action is filed to recover the property within seven years after the museum gave notice of termination of the loan as provided in ORS 358.425 and 358.430.
(3) Property on loan to a museum shall not escheat to the state under ORS 112.055, but shall pass to the museum if no person takes under ORS 112.025 to 112.045. [1985 c.580 §2]
Section: Previous 358.380 358.385 358.390 358.395 358.400 358.405 358.415 358.420 358.425 358.430 358.435 358.440 358.475 358.480 358.482 NextLast modified: August 7, 2008