(a) If immediate conservation is necessary to protect a loan, a museum's property, or the safety and welfare of the public and the museum's staff and the loan agreement between the museum and the lender does not provide otherwise, a museum has the right to apply conservation measures to a loan without the lender's permission. (b) If immediate conservation is not necessary but conservation is needed to preserve the loan's value, a museum has the right to apply a conservation measure to a loan: (1) After the museum has notified the lender by certified or registered mail, return receipt requested, that a conservation measure is needed; and (2) If the lender or claimant: (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (c) When a conservation measure is undertaken under subsection (a) or subsection (b) of this section, the museum: (1) Has a lien on the loan and on the proceeds of any disposition of the loan for the cost of the conservation measure; or (2) Is not liable for any injury to or loss of the loan if the museum: (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. Acts 2005, No. 2242, § 1. (a) If immediate conservation is necessary to protect a loan, a museum's property, or the safety and welfare of the public and the museum's staff and the loan agreement between the museum and the lender does not provide otherwise, a museum has the right to apply conservation measures to a loan without the lender's permission. (b) If immediate conservation is not necessary but conservation is needed to preserve the loan's value, a museum has the right to apply a conservation measure to a loan: (1) After the museum has notified the lender by certified or registered mail, return receipt requested, that a conservation measure is needed; and (2) If the lender or claimant: (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (c) When a conservation measure is undertaken under subsection (a) or subsection (b) of this section, the museum: (1) Has a lien on the loan and on the proceeds of any disposition of the loan for the cost of the conservation measure; or (2) Is not liable for any injury to or loss of the loan if the museum: (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. Acts 2005, No. 2242, § 1. (a) If immediate conservation is necessary to protect a loan, a museum's property, or the safety and welfare of the public and the museum's staff and the loan agreement between the museum and the lender does not provide otherwise, a museum has the right to apply conservation measures to a loan without the lender's permission. (b) If immediate conservation is not necessary but conservation is needed to preserve the loan's value, a museum has the right to apply a conservation measure to a loan: (1) After the museum has notified the lender by certified or registered mail, return receipt requested, that a conservation measure is needed; and (2) If the lender or claimant: (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (c) When a conservation measure is undertaken under subsection (a) or subsection (b) of this section, the museum: (1) Has a lien on the loan and on the proceeds of any disposition of the loan for the cost of the conservation measure; or (2) Is not liable for any injury to or loss of the loan if the museum: (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. Acts 2005, No. 2242, § 1. (a) If immediate conservation is necessary to protect a loan, a museum's property, or the safety and welfare of the public and the museum's staff and the loan agreement between the museum and the lender does not provide otherwise, a museum has the right to apply conservation measures to a loan without the lender's permission. (b) If immediate conservation is not necessary but conservation is needed to preserve the loan's value, a museum has the right to apply a conservation measure to a loan: (1) After the museum has notified the lender by certified or registered mail, return receipt requested, that a conservation measure is needed; and (2) If the lender or claimant: (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (1) After the museum has notified the lender by certified or registered mail, return receipt requested, that a conservation measure is needed; and (2) If the lender or claimant: (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (A) Does not respond to the notice within seven (7) days after the date on the return receipt showing receipt of the notice; or (B) Refuses to consent to the protective measures and will not agree to the termination of the loan and the immediate retrieval of the loan. (c) When a conservation measure is undertaken under subsection (a) or subsection (b) of this section, the museum: (1) Has a lien on the loan and on the proceeds of any disposition of the loan for the cost of the conservation measure; or (2) Is not liable for any injury to or loss of the loan if the museum: (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. (1) Has a lien on the loan and on the proceeds of any disposition of the loan for the cost of the conservation measure; or (2) Is not liable for any injury to or loss of the loan if the museum: (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. (A) Had a reasonable belief at the time conservation measures were taken that the conservation measures were necessary; and (B) Exercised reasonable care in the choice and application of conservation measures. Acts 2005, No. 2242, § 1.
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