Beginning on July 19, 1996, a museum shall at a minimum maintain and retain the following records, either as originals or accurate copies, for a period of not less than twenty-five years: (1) A notice of intent to preserve an interest in property, if any; (2) The loan agreement, if any; (3) A receipt or ledger for property delivered to an owner or claimant; and (4) Records containing the following information, as available, for property in the museum's possession: (a) The lender's name, address, and telephone number; (b) The claimant's name, address, and telephone number; (c) The donor's name, address, and telephone number; (d) The seller's name, address, and telephone number; (e) The nature and terms of the transaction (loan for specified term, loan for unspecified term, donation, purchase, etc.); and (f) The beginning date of the loan period or transaction date.
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