(a) Unless there is an agreement otherwise between the museum and the lender, a museum may apply conservation measures to property on loan to the museum without receiving the lender’s permission or giving the lender formal notice if:

(1) Action is required to protect the property on loan or other property in the custody of the museum; or

(2) The property on loan is a hazard to the health and safety of the public or the museum staff.

(b) If a museum applies conservation measures to property under this section or with the agreement of the lender, unless the agreement provides otherwise, the museum:

(1) Acquires a lien on the property in the amount of the cost of the conservation measures incurred by the museum; and

(2) Is not liable for injury to or loss of the property if the museum:

(i) Had a reasonable belief at the time the conservation measure action was taken that the action was necessary to protect the property on loan or other property in the custody of the museum, or that the property on loan was a hazard to the health and safety of the public or the museum staff; and

(ii) Exercised reasonable care in the choice and application of conservation measures.