39-19-7 - Property loaned to museum; duties of lender. - Mississippi Statutes

§ 39-19-7. Property loaned to museum; duties of lender.
 

(1)  As of March 26, 1997, the lender, or any successor of the lender, regardless of the date of a loan of property in the custody of a museum, shall promptly notify the museum in writing: 

(a) Of a change in the lender's address; and 

(b) Of a change in ownership in the property on loan to the museum. 

(2)  It shall be the responsibility of a successor of a lender to document the passage of rights of control to the property in the custody of the museum. 

(a) Unless there is evidence of bad faith or gross negligence, a museum shall not be prejudiced by reason of any failure to deal with the true owner of any loaned property. 

(b) In cases of disputed ownership of loaned property, a museum shall not be held liable for its refusal to surrender loaned property in its possession except in reliance upon a court order or judgment. 
 

Sources: Laws,  1997, ch. 464, § 4, eff from and after passage (approved March 26, 1997).