Indiana Code 32-34-5-16. Presumption of gift to museum
Current as of: 2024 | Check for updates
|
Other versions
Sec. 16. Property that:
(2) is from an unknown source; and
(1) is found in or on property controlled by the museum;
Terms Used In Indiana Code 32-34-5-16
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- museum: means an institution located in Indiana that:
Indiana Code 32-34-5-4
- person: means an individual, a nonprofit corporation, a trustee or legal representative, the state, a political subdivision (as defined in IC 36-1-2-13), an agency of the state or a political subdivision, or a group of those persons acting in concert. See Indiana Code 32-34-5-6
- property: means a tangible object under a museum's care that has intrinsic historic, artistic, scientific, or cultural value. See Indiana Code 32-34-5-7
(3) might reasonably be assumed to have been intended as a gift to the museum;
is conclusively presumed to be a gift to the museum if ownership of the property is not claimed by a person or individual within ninety (90) days after its discovery.
[Pre-2002 Recodification Citation: 32-9-10-16.]
As added by P.L.2-2002, SEC.19.