Section 399.604 - Property loaned to museum generally; duties. - Michigan Statutes

THE MUSEUM DISPOSITION OF PROPERTY ACT (EXCERPT)
Act 24 of 1992

399.604 Property loaned to museum generally; duties.

Sec. 4.

Regardless of the date of a loan of property, a museum shall do each of the following:

(a) 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.

(b) If the museum changes its address, do each of the following:

(i) Provide each lender whose name and address is known to the museum with written notice of the change of address by ordinary mail within 30 days of the change of address.

(ii) Publish a notice of the change of address at least twice, 60 or more days apart, in a newspaper of general circulation in the county in which the museum is located.

(c) If the museum is permanently closing, terminate each loan pursuant to section 7.

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