Michigan Compiled Laws
Act 24 of 1992 - The Museum Disposition of Property Act (399.601 - 399.613)
Section 399.603 - Property Loaned to Museum on or After January 1, 1993; Duties.

Sec. 3.
For each item of property loaned to a museum on or after January 1, 1993, the museum shall do all of the following at the time of the loan:
(a) Make and retain a written record containing at least all of the following information:
(i) The owner's name, address, and telephone number.
(ii) The name, address, and telephone number of a person designated by the owner for the museum to contact in the event that the owner cannot be located.
(iii) A description of the property loaned.
(iv) The beginning date of the loan.
(v) The duration of the loan.
(b) Provide the lender a signed receipt or loan agreement containing at least the record set forth in subdivision (a).
(c) Inform the lender of the existence of this act and provide the lender with a copy of this act upon the lender's request.
History: 1992, Act 24, Imd. Eff. Mar. 23, 1992

Structure Michigan Compiled Laws