Illinois Compiled Statutes 765 ILCS 1033/10 – Definitions
Current as of: 2024 | Check for updates
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As used in this Act, unless the context requires otherwise:
“Museum” means an institution or entity located in Illinois that:
(i) is operated by a non-profit corporation, trust,
“Museum” means an institution or entity located in Illinois that:
Terms Used In Illinois Compiled Statutes 765 ILCS 1033/10
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- individual: shall include every infant member of the species homo sapiens who is born alive at any stage of development. See Illinois Compiled Statutes 5 ILCS 70/1.36
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(i) is operated by a non-profit corporation, trust,
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association, public agency, or educational institution;
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(ii) is operated primarily for educational,
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scientific, historic preservation, cultural, or aesthetic purposes; and
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(iii) owns, borrows, cares for, exhibits, studies,
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archives, or catalogues property.
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“Museum” includes, but is not limited to, historical societies, historic sites, landmarks, parks, archives, monuments, botanical gardens, arboreta, zoos, nature centers, planetaria, aquaria, libraries, technology centers, and art, history, science, and natural history museums.
“Property” means documents or tangible objects, animate or inanimate, in the custody of a museum.
“Person” means an individual, association, partnership, corporation, trust, estate, or other entity having a legal interest in property in the custody of a museum.
“Lender” means a person whose name appears on the records of a museum as the person legally entitled to property held by the museum.
“Claimant” means a person, other than the lender of record, who claims to be legally entitled to, or who establishes his or her legal entitlement to, property held by the museum.
“Lender’s or claimant’s address” means a description of the most recent location of a lender or claimant, as indicated on the museum’s records pertaining to the property on loan from the lender or claimant, sufficient for the purpose of delivering mail.
“Loan” means a deposit of property with a museum that is not accompanied by a transfer of title to the property or other evidence of donative intent; however, “loan” does not include a consignment of property for sale.
“Permanent loan” means a loan of property to a museum for an indefinite term.
“Undocumented property” means property:
(i) that is held by a museum;
(ii) that is assumed to be a gift to the museum; and
(iii) whose ownership cannot be determined by
“Property” means documents or tangible objects, animate or inanimate, in the custody of a museum.
“Person” means an individual, association, partnership, corporation, trust, estate, or other entity having a legal interest in property in the custody of a museum.
“Lender” means a person whose name appears on the records of a museum as the person legally entitled to property held by the museum.
“Claimant” means a person, other than the lender of record, who claims to be legally entitled to, or who establishes his or her legal entitlement to, property held by the museum.
“Lender’s or claimant’s address” means a description of the most recent location of a lender or claimant, as indicated on the museum’s records pertaining to the property on loan from the lender or claimant, sufficient for the purpose of delivering mail.
“Loan” means a deposit of property with a museum that is not accompanied by a transfer of title to the property or other evidence of donative intent; however, “loan” does not include a consignment of property for sale.
“Permanent loan” means a loan of property to a museum for an indefinite term.
“Undocumented property” means property:
(i) that is held by a museum;
(ii) that is assumed to be a gift to the museum; and
(iii) whose ownership cannot be determined by
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reference to the museum’s records.
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