Senate Status:
2019 Statute
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58-4010. On or after January 1, 1990, a museum shall at minimum maintain and retain the following records, either originals or accurate copies, for a period of not less than 25 years: (a) A notice of intent to preserve an interest in property; (b) the loan agreement, if any; (c) a receipt or ledger for property delivered to an owner or claimant; (d) records containing the following information, as available, for property in the museum's possession: (1) The lender's name, address and phone number; (2) the claimant's name, address and phone number; (3) the donor's name, address and phone number; (4) the seller's name, address and phone number; (5) the nature and terms of the transaction (loan for specified term, loan for unspecified term, donation, purchase, etc.); and (6) the beginning date of the loan period or transaction date. |
History: L. 1989, ch. 120, § 10; July 1. |
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