Montana Code > Title 22 > Chapter 3 > Part 5 – Museum Loan Act
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Terms Used In Montana Code > Title 22 > Chapter 3 > Part 5 - Museum Loan Act
- 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.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Loan: means a deposit of property not accompanied by a transfer of title to the property. See Montana Code 22-3-503
- Museum: means an institution located in Montana and operated by a nonprofit corporation or a public agency primarily for educational, scientific, or aesthetic purposes, and that owns, borrows, or cares for and exhibits, studies, or catalogs property. See Montana Code 22-3-503
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
- Property: includes any tangible object, animate or inanimate, that has intrinsic historic, artistic, scientific, or cultural value. See Montana Code 22-3-503
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
- Writing: includes printing. See Montana Code 1-1-203