Ark. Code Ann. § 13-5-1006
This is the official text of Ark. Code Ann. § 13-5-1006, part of Arkansas’s Code Ann — part of the compiled statutory law of Arkansas, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
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Duties of museum concerning a loan
Official statutory text
(a) At the time of a loan to a museum, the museum shall: (1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and (2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section. (b) The museum's general duties with respect to a loan include: (1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan; (2) Providing the lender with notice about any update concerning the lender's loan; and (3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request. Acts 2005, No. 2242, § 1.
(a) At the time of a loan to a museum, the museum shall: (1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and (2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.
(1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and
(A) The lender's name, address, and telephone number;
(B) A description of the loan;
(C) The date of the loan; and
(D) The expiration date of the loan; and
(2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.
(b) The museum's general duties with respect to a loan include: (1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan; (2) Providing the lender with notice about any update concerning the lender's loan; and (3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.
(1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan;
(A) A lender informs the museum of a change of address or change in the ownership of the loan; and
(B) The lender and museum negotiate a change in the terms of the loan;
(2) Providing the lender with notice about any update concerning the lender's loan; and
(3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.
(A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum;
(B) To the lender at the time of the loan; and
(C) Upon a lender's request.
Acts 2005, No. 2242, § 1.
(a) At the time of a loan to a museum, the museum shall: (1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and (2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.
(1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and
(A) The lender's name, address, and telephone number;
(B) A description of the loan;
(C) The date of the loan; and
(D) The expiration date of the loan; and
(2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.
(b) The museum's general duties with respect to a loan include: (1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan; (2) Providing the lender with notice about any update concerning the lender's loan; and (3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.
(1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan;
(A) A lender informs the museum of a change of address or change in the ownership of the loan; and
(B) The lender and museum negotiate a change in the terms of the loan;
(2) Providing the lender with notice about any update concerning the lender's loan; and
(3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.
(A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum;
(B) To the lender at the time of the loan; and
(C) Upon a lender's request.
Acts 2005, No. 2242, § 1.
Status: in_force
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