Colorado Statutes

§ 38-14-103 — Limitations on recovery of loaned property

Colorado·Title 38 Property -·Art. Loans to Museums
(1)Subject to the contrary terms of any written agreement, no action may be brought for damages or the recovery of any loaned property when:
(a)Seven years have passed without written contact between the museum and the lender and the lender's identity or current address is unknown to the museum; or
(b)More than one hundred twenty days have passed since a museum has given written notice of termination of a loan pursuant to section 38-14-104 and the lender has not reclaimed the loaned property; except that no lender shall be prejudiced in this regard for want of reasonable cooperation from the museum holding his loaned property.

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Legislative History

Source: L. 88: Entire article added, p. 1251, � 1, effective April 14.

Nearby Sections

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