California Civil Code

§ 1899

CIV § 1899Div. 3 · Title 4 · Part 4 · Ch. 1.5

Statute text

The Legislature finds and declares as follows:

(a)Many museums have benefited greatly from having property loaned to them for study or display. Problems have arisen, however, in connection with loans for indefinite or long terms, when museums and lenders have failed to maintain contact. Many of these problems could be avoided by a clarification and regularization of the rights and obligations of the parties to loans for indefinite or long terms.

(b)An existing law, the Unclaimed Property Law (commencing with Section 1500 of the Code of Civil Procedure), is technically applicable to property on loan to a museum which has been left unclaimed by its owner for at least seven years.

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Legislative history

Added by Stats. 1983, Ch. 61, Sec. 1.