Section 399.606 - Notice by museum to terminate loan of property; conditions.
THE MUSEUM DISPOSITION OF PROPERTY ACT (EXCERPT)
Act 24 of 1992
399.606 Notice by museum to terminate loan of property; conditions.
Sec. 6.
Regardless of the date of a loan of property, beginning January 1, 1993, a museum may give notice of termination of a loan of property pursuant to section 7 under any of the following circumstances:
(a) The property was loaned to the museum for an indefinite term.
(b) The property was loaned to the museum for a specific term, and the term has expired.
(c) The property is undocumented property.
(d) The museum is permanently closing.
History: 1992, Act 24, Imd. Eff. Mar. 23, 1992