California § 1899.9. 1899.9. (Added by Stats. 1983, Ch. 61, Sec. 1.)

California Statutes

§ 1899.9. — 1899.9. (Added by Stats. 1983, Ch. 61, Sec. 1.)

California·Code CIV Civil Code - CIV·Div. 3. DIVISION 3. OBLIGATIONS·Title 4.·Part 4. TITLE 4. LOAN·Ch. 1.5. CHAPTER 1.5. Loans to Museums for Indefinite or Long Terms

(a)A museum may give the lender notice of the museum’s intent to terminate a loan which was made for an indefinite term, or which was made on or after January 1, 1984, for a term in excess of seven years. A notice of intent to terminate a loan given pursuant to this section shall include a statement containing substantially the following information: “The records of (name of museum) indicate that you have property on loan to it. The institution wishes to terminate the loan. You must contact the institution, establish your ownership of the property, and make arrangements to collect the property. If you fail to do so promptly, you will be deemed to have donated the property to the institution. See California Civil Code Sections 1899, et seq.”

(b)For the purposes of this chapter, a loan for

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(a)
A museum may give the lender notice of the museum’s intent to terminate a loan which was made for an indefinite term, or which was made on or after January 1, 1984, for a term in excess of seven years.
A notice of intent to terminate a loan given pursuant to this section shall include a statement containing substantially the following information:
“The records of
(name of museum)
indicate that you have property on loan to it. The institution wishes to terminate the loan. You must contact the institution, establish your ownership of the property, and make arrangements to collect the property. If you fail to do so promptly, you will be deemed to have donated the property to the institution. See California Civil Code Sections 1899, et seq.”
(b)
For the purposes of this chapter, a loan for a specified term becomes a loan for an indefinite term if the property remains in the custody of the museum when the specified term expires.

California § 1899.9. (1899.9. (Added by Stats. 1983, Ch. 61, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.