North Carolina Statutes

§ 121-52 — Acquisition of title to loaned property

North Carolina·Ch. 121 Archives and History·Art. 5 Museum and Archives Repository Property
(a)A museum or archives repository may acquire the title to documented property loaned to the museum or archives repository if (i) the term of the loan has expired and at least seven years have passed without written or other contact between the lender and the museum or archives repository or (ii) the term of the loan does not have an expiration date but at least seven years have passed without written or other contact between the lender and the museum or archives repository since the loan was made.
(b)To acquire title to property under this section, the museum or archives repository shall first send a notice by certified mail to the lender's last known address. The notice must include all of the following:
(1)The lender's name and last known address.
(2)A brief and general description

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