765 ILCS 1033/1
Short Title
Short Title. This Act may be cited as the Museum Disposition of Property Act. (Source: P.A. 90-604, eff. 1-1-99.)
Illinois Compiled Statutes 765 ILCS 1033 — Museum Disposition of Property Act.
Illinois · statute · 765 ILCS 1033 · 12 active provisions
765 ILCS 1033/5
Purposes
Purposes. The purposes of this Act are to establish the ownership of loaned property that has been abandoned by the lender or undocumented property held by a museum, to establish uniform procedures for the termination of loans of property to museums, to allow museums to conserve or dispose of loaned or undocumented pro…
765 ILCS 1033/10
Definitions
Definitions. As used in this Act, unless the context requires otherwise: "Museum" means an institution or entity located in Illinois that: (i) is operated by a non-profit corporation, trust, association, public agency, or educational institution; (ii) is operated primarily for educational, scientific, historic preserva…
765 ILCS 1033/15
Notice Requirements
Notice Requirements. (a) In addition to any other information that may be appropriate for a particular notice, all notices given under this Act must contain the following information: (1) the lender's or claimant's name, if known; (2) the lender's or claimant's address, if known; (3) a brief description of the property…
765 ILCS 1033/20
Conservation or Disposal of Loaned Property
Conservation or Disposal of Loaned Property. (a) Unless there is a written loan agreement to the contrary, a museum may apply conservation measures to or dispose of undocumented property or property on loan to the museum without the lender's or claimant's permission or formal notice if immediate action is required to p…
765 ILCS 1033/30
Notice of Intent to Terminate a Loan; Acquiring Title to Loaned Property
Notice of Intent to Terminate a Loan; Acquiring Title to Loaned Property. (a) A museum may acquire title to loaned property pursuant to this Section. A museum may give notice of the museum's intent to terminate a loan of property at any time if: (1) the property was loaned to the museum for an indefinite term; or (2) t…
765 ILCS 1033/35
Acquiring Title to Undocumented Property
Acquiring Title to Undocumented Property. Property in the possession of a museum for which the museum does not know the owner or have any reasonable means of determining the owner becomes the property of the museum if no person has claimed the property within 7 years after the museum can document possession of the prop…
765 ILCS 1033/40
Limitation on Actions Against Museums
Limitation on Actions Against Museums. (a) No action shall be brought against a museum or its employees, agents, officers, or trustees for damages because of injury or damage to, or loss of, property loaned to the museum more than 2 years after the date the museum gives the lender or claimant notice of the damage or lo…
765 ILCS 1033/45
Obligations
Obligations. (a) Obligations of a museum. (1) A museum holding loaned property on or after the effective date of this Act shall notify the lender, if known, by mail, of the provisions of this Act within the term of the loan but not more than 5 years after the effective date of this Act. A museum accepting a loan of pro…
765 ILCS 1033/50
Miscellaneous Provisions
Miscellaneous Provisions. (a) This Act does not abrogate the rights and obligations of a lender, claimant, or museum identified in a written agreement. (b) This Act applies to all property held by or in the custody of a museum on or after the effective date of this Act. (c) This Act does not preclude a museum from avai…
765 ILCS 1033/900
(Amendatory provisions; text omitted)
(Amendatory provisions; text omitted). (Source: P.A. 90-604, eff. 1-1-99; text omitted.)
765 ILCS 1033/999
Effective date
Effective date. This Act takes effect on January 1, 1999. (Source: P.A. 90-604, eff. 1-1-99.)