California Codes, Civil Code, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 1.5 — Loans to Museums for Indefinite or Long Terms

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Section 1899Establishes legislative findings only concerning long-term and indefinite museum loans, unclaimed-property procedures, preservation risks, title uncertainty, and the public interest in requiring…Section 1899.1Defines “museum” as a qualifying California nonprofit or public institution; “lender's address” as the latest address in museum records; and loan terms…Section 1899.2Establishes how a museum gives required notice to a lender: mailing to the lender’s address counts if the museum receives proof of…Section 1899.3Requires museums accepting indefinite or over-seven-year loans on or after January 1, 1984, to notify lenders in writing at loan time. Requires…Section 1899.4Establishes that it is the responsibility of the owner of property on loan to a museum to notify the museum promptly in…Section 1899.5Requires a museum-loan interest-preservation notice to identify the property and claimant’s interest, be signed under penalty of perjury, and be maintained by…Section 1899.6Allows a museum to apply conservation measures to or dispose of property on loan to the museum without a lender's permission if:…Section 1899.7Establishes publication as notice of injury to or loss of museum-loaned property when mailed notice cannot be given, subject to the stated…Section 1899.8Bars an action against a museum for injury to or loss of loaned property after the earlier of three years from the…Section 1899.9Allows a museum to notify a lender that it intends to terminate a loan made indefinitely or, if made on or after…Section 1899.10Limits actions against museums to recover loaned property by starting the three-year recovery period when the museum gives termination notice and generally…Section 1899.11Allows a museum, despite this chapter superseding the Unclaimed Property Law, to report property unclaimed by its owner for more than seven…

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