(a) Undocumented property in the possession of a museum shall become the museum's property if no person has claimed the undocumented property within seven (7) years after the museum documented possession of the undocumented property.
(b) This section does not vest ownership of the undocumented property in the museum if the undocumented property is determined later to be:
(1) Stolen property; or
(2) Property whose ownership is subject to federal law.
Structure Arkansas Code
Title 13 - Libraries, Archives, and Cultural Resources
Subchapter 10 - Museum Property Act
§ 13-5-1004. Procedure for obtaining ownership of an abandoned loan
§ 13-5-1005. Museum's right to claim ownership of undocumented property
§ 13-5-1006. Duties of museum concerning a loan
§ 13-5-1007. Duties of lender concerning the lender's loan
§ 13-5-1008. Lien for expenses for care of unclaimed property
§ 13-5-1009. Conservation measures
§ 13-5-1010. Transfer of title to museum
§ 13-5-1011. Records retention schedule