Iowa Code § 305B.1
Short title
This chapter may be cited as the “Museum Property Act”.
Iowa Code Chapter 305B — Museum Property
Iowa · statute · Iowa Code ch. 305B · 13 active provisions
Provisions
Iowa Code § 305B.2
Definitions
As used in this chapter, unless the context requires otherwise: 1. “Claimant” means a person who files a notice of intent to preserve an interest in property on loan to a museum as provided in section 305B.8. 2. “Claimant’s address” means the most recent address as shown on a notice of intent to preserve an interest in…
Iowa Code § 305B.3
Basic notice requirement
1Contents. In addition to any other information prescribed for a particular notice, all notices given pursuant to this chapter shall contain the following information: a. Lender’s name, or claimant’s name, as appropriate. b. Lender’s last known address, or claimant’s last known address, as appropriate. c. Brief descrip…
Iowa Code § 305B.4
Conservation or disposal of loaned property
1. Unless there is a written loan agreement to the contrary, a museum may apply conservation measures to or dispose of property on loan to the museum without the lender’s or claimant’s permission, or formal notice, if immediate action is required to protect the property on loan or other property in the custody of the m…
Iowa Code § 305B.5
Notice of injury or loss
A museum shall give a lender or claimant prompt notice of any known injury to or loss of property on loan on a form for notice of injury loss adopted by rule by the department of administrative services. The notice shall be mailed to the lender’s or claimant’s last known address in event of injury or loss of property o…
Iowa Code § 305B.6
Notice of intent to terminate loan — acquiring title to loaned property
1. A museum may acquire title to loaned property pursuant to this section. A museum may give notice of termination of a loan of property at any time if either of the following apply: a. The property was loaned to the museum for an indefinite term. b. The property was loaned to the museum for a specified term, and that…
Iowa Code § 305B.7
Acquiring title to undocumented property
1. A museum may acquire title to undocumented property held by a museum for seven years or longer with no valid claim or written contact by any person, all verifiable through the museum’s written records, by giving notice of acquisition of title to undocumented property. 2. If a lender or claimant does not respond to t…
Iowa Code § 305B.8
Notice of intent to preserve an interest in property — requirements — form — disclosure
1. A notice of intent to preserve an interest in property on loan to a museum filed pursuant to this chapter shall be in writing and contain all of the following information: a. A description of the property adequate to enable the museum to identify the property. b. Documentation sufficient to establish the claimant as…
Iowa Code § 305B.9
Limitations on actions against museums
1. An action shall not be brought against a museum for damages because of injury to or loss of property loaned to the museum more than three years from the date the museum gives the lender or claimant notice of the injury or loss or ten years from the date of the injury or loss, whichever occurs earlier. 2. An action s…
Iowa Code § 305B.10
Museum obligations
In order to take title pursuant to this chapter 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 this chapter. 2. The museum shall keep written records on all loaned pr…
Iowa Code § 305B.11
Required museum recordkeeping
1. On or after January 1, 1989, a museum shall at minimum maintain and retain the following records, either originals or accurate copies, for a period of not less than twenty-five years: a. A notice of intent to preserve an interest in property. b. The loan agreement, if any, and a receipt or ledger for property on loa…
Iowa Code § 305B.12
Lender obligations to museum
1. The lender or claimant of property on loan to a museum shall notify the museum of a change of address or change in ownership of the property. Failure to notify the museum of these changes may result in the lender’s or claimant’s loss of rights in the property. 2. The lender or claimant of property on loan to a museu…
Iowa Code § 305B.13
Retroactive applicability
1. Sections 305B.1 through 305B.8 are retroactively applicable to all property in the possession of a museum within the state on or after January 1, 1988. 2. Section 305B.9 is effective July 1, 1989, and when effective is retroactively applicable to all property in the possession of the museum before July 1, 1989, and…