Section 184.118 - Title to property museum's obligation to lender or claimant - records to be retained, time period, contentIn order to take title pursuant to sections 184.101 to 184.122, a museum has the following obligations to a lender or claimant:
(1) The museum shall retain all written records regarding the property for at least three years from the date of taking title pursuant to sections 184.101 to 184.122;(2) The museum shall keep written records of all loaned property acquired pursuant to section 184.111 or 184.112. Records maintained under this subsection shall contain the following information, as available: (a) The lender's name, address, and phone number;(b) The claimant's name, address, and phone number;(c) The nature and terms of the loan;(d) The beginning date of the loan period, if known;(3) On or after December 31, 1991, a museum accepting a loan of property for an indefinite term or for a term of seven years or longer shall inform the lender in writing at the time of the loan of the provisions of sections 184.101 to 184.122. A copy of the form notice prescribed in section 184.114 or a citation to the provisions of sections 184.101 to 184.122 shall fulfill this obligation;(4) The museum is responsible for notifying a lender or claimant of the museum's change of address or dissolution.