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9. a. For a loan of property to a museum made on or after the effective date of this act, the museum shall, at the time of the loan:

(1) make and retain a written record containing:

the name, address, and telephone number of the lender,

a description of the property in sufficient detail for ready identification,

the beginning date of the loan, and

the expiration date of the loan;

(2) provide the lender with a signed receipt or agreement containing, at least, the information set forth in paragraph (1) of this subsection; and

(3) inform the lender in writing of the existence of this act and provide the lender with a copy of this act upon the lender’s request.

b. With respect to any property on loan to a museum, a museum shall:

(1) update its record if a lender informs the museum of a change of address or change in the title to or interest in the property, or if the lender and museum negotiate a change in the duration of the loan; and

(2) inform the lender in writing of the existence of this act when renewing or updating the record and provide the lender with a copy of this act upon the lender’s request.

L.2011, c.109, s.9.