(1) "Loan," "loaned" and "on loan" include all deposits of property with a museum that are not accompanied by a transfer of title to the property.
(2) "Museum" means an institution located in Oregon that:
(a) Is primarily educational, scientific or aesthetic in purpose;
(b) Owns, borrows or cares for, and studies, archives or exhibits property; and
(c) Is operated by a nonprofit corporation or public agency.
(3) "Property" includes all tangible objects, animate and inanimate, under a museum’s care that have intrinsic value to science, history, art or culture, except that it does not include botanical or zoological specimens loaned to a museum for scientific research purposes. [1985 c.580 §1; 2005 c.22 §256]