Property loaned to museum; duties of museum

1. Law
2. Mississippi Code
3. Libraries, Arts, Archives and History
4. Museum Unclaimed Property Act
5. Property loaned to museum; duties of museum

1. For property loaned to a museum on or after March 26, 1997, the museum shall do all of the following at the time of the loan:
   1. Make and retain a written record containing at least all of the following:
      1. The lender's name, address, and telephone number;
      2. A description of the property loaned in sufficient detail for ready identification;
      3. The beginning date of the loan; and
      4. The expiration date of the loan.
   2. Provide the lender with a signed receipt or loan agreement containing at a minimum the record set forth in subsection (a) above.
   3. Inform the lender of the existence of this chapter and provide the lender with a copy of this chapter upon the lender's request.
2. Regardless of the date of a loan of property, the museum shall do the following:
   1. Update its records if a lender informs the museum of a change of address or change in ownership of property loaned, or if the lender and museum negotiate a change in the duration of the loan; and
   2. Inform the lender of the existence of this chapter when renewing or updating the records of an existing loan and provide the lender with a copy of this chapter upon the lender's request.

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