Museum Property Act

The act governs the legal relationship between museums and the owners of property held by them, addressing both objects placed on loan and objects in a museum's possession for which no ownership records exist. Its core mechanisms are recordkeeping and notice: museums must document loaned property and notify lenders of matters such as injury or loss, of an intent to terminate a loan, and of an intent to claim title, while lenders carry corresponding duties toward the museum and may file a formal notice to preserve their interest in the property. It also sets out when a museum may conserve or dispose of property in its care, how it may acquire title to abandoned or undocumented items, and time limits on claims brought against museums, and it reaches loans and holdings that predate its adoption.

Editorial summary generated from the text of this act. It is not part of the statute — read the sections below for the operative language.