I. When a museum is required to give notice of abandonment of property or of termination of a loan, the museum shall mail such notice by certified mail, return receipt requested, to the last known owner at the most recent address of such owner as shown on the museum’s records. If the museum has no address on record, or the museum does not receive written proof of receipt of the mailed notice within 30 days of the date the notice was mailed, the museum shall publish notice, at least once each week for 2 consecutive weeks, in a newspaper of general circulation in both the county in which the museum is located and the county in which the last known address, if available, of the owner is located.
II. The published notice shall contain:
(a) A description of the unclaimed property;
(b) The name and last known address of the owner;
(c) A request that all persons who may have any knowledge of the whereabouts of the owner provide written notice to the museum; and
(d) A statement that if written assertion of title is not presented by the owner to the museum within 90 days from the date of the second published notice, the property shall be considered abandoned or donated and shall become the property of the museum.
III. For purposes of this chapter, if the loan of property was made to a branch of a museum, the museum shall be considered to be located in the county in which the branch is located. Otherwise the museum is located in the county in which it has its principal place of business.