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
Structure Michigan Compiled Laws
Chapter 399 - Historical Records and Sites
Act 24 of 1992 - The Museum Disposition of Property Act (399.601 - 399.613)
Section 399.601 - Short Title.
Section 399.602 - Definitions.
Section 399.603 - Property Loaned to Museum on or After January 1, 1993; Duties.
Section 399.604 - Property Loaned to Museum Generally; Duties.
Section 399.605 - Notice of Change in Lender or Designee's Address or Ownership.
Section 399.606 - Notice by Museum to Terminate Loan of Property; Conditions.
Section 399.608 - Property Loaned for Indefinite Term.
Section 399.609 - Documentation Establishing Ownership.
Section 399.610 - Competing Claims for Property.
Section 399.611 - Museum Gaining Title to Property; Conditions; Notice.