§ 19.24 Conservation of loaned property. 1. Unless there is a written\nloan agreement to the contrary, the office may apply conservation\nmeasures to property on loan to the office without giving formal notice\nor first obtaining the lender's permission if action is required to\nprotect the property on loan or other property in the custody of the\noffice or if the property on loan is a hazard to the health and safety\nof the public or the office staff, provided that:\n (a) the office is unable to reach the lender at the lender's last\nknown address or telephone number before the time the office determines\naction is necessary; or\n (b) the lender either (i) does not respond to a request for permission\nto apply conservation measures made pursuant to section 19.22 of this\narticle within three days of receiving the request or will not agree to\nthe conservation measures the office recommends or (ii) fails to\nterminate the loan and either retrieve the property or arrange for its\nisolation and retrieval within thirty days of receiving the request.\n If immediate conservation measures are necessary to protect the\nproperty or other property in the custody of the office or to protect\nthe health or safety of the public or the office staff, the conditions\nset forth in paragraphs (a) and (b) of this subdivision shall not apply.\n 2. Unless provided otherwise in an agreement with the lender, if the\noffice applies conservation measures to property under subdivision one\nof this section, and such measures were not required as a result of the\noffice's own action or inaction, the office shall acquire a lien on the\nproperty in the amount of the costs incurred by the office, including,\nbut not limited to the cost of labor and materials, and shall not be\nliable for injury to or loss of the property, provided that the office:\n (a) had a reasonable belief at the time the action was taken that the\naction was necessary to protect the property on loan or other property\nin the custody of the office, or that the property on loan was a hazard\nto the health and safety of the public or the office staff; and\n (b) exercised reasonable care in the choice and application of\nconservation measures.\n
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