44-352. Acquiring title to loaned
property
A. A museum may acquire title to loaned property pursuant to this section. If,
since the expiration date of the loan, seven years have passed with no written contact
between the lender and the museum or if the loan has no expiration date and at least
seven years have passed since the loan was made and written contact between the lender
and the museum occurred the museum shall send a notice by certified mail, return receipt
requested, to the lender's last known address. This notice shall contain a statement
that the loan is now terminated as well as all information required in the notice under
section 44-353, subsection A, paragraph 1. If proof of delivery of the notice is not
received within thirty days from the date the notice was mailed, the museum shall publish
a notice as prescribed by section 44-353, subsection A, paragraph 1.
B. If the requirements of subsection A of this section are met the museum may
acquire title to the loaned property by sending a notice by certified mail, return
receipt requested, to the lender's last known address. This notice shall contain all
information required in the notice under section 44-353, subsection A, paragraph 2. If
proof of delivery of the notice is not received within thirty days from the date the
notice was mailed, the museum shall publish a notice as prescribed by section 44-353,
subsection A, paragraph 2.
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