Oklahoma HB2161 regulates museum property, including procedures for acquiring title to undocumented and loaned property, and obligations owed by.
Oklahoma HB2161 establishes procedures for museums to acquire title to undocumented and loaned property. Museums may acquire title to undocumented property if they have held it for seven years with no claims and publish notices. For loaned property, museums must notify lenders of address or ownership changes and may acquire title if the lender fails to act within two years. The bill also outlines museums' obligations to lenders, including record-keeping and return of property.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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