After title to the loaned property is transferred to the museum the lender has two years to bring an action against the museum to claim the property. At the end of this two year period no action or proceeding may be brought against the museum, its employees or agents by a lender for any good faith action taken by the museum pursuant to this chapter.

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Terms Used In Arizona Laws 44-354

  • Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
  • Lender: means a person whose name appears on the records of the museum as the person legally entitled to property held or owing by the museum. See Arizona Laws 44-351
  • Museum: means an organized and permanent nonprofit or public institution which is primarily educational, scientific, historic or aesthetic in purpose and which owns, borrows, cares for, studies, archives or exhibits property. See Arizona Laws 44-351
  • Property: means all tangible objects, animate and inanimate, under a museum's care which have intrinsic scientific, historic, artistic or cultural value. See Arizona Laws 44-351
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