Ohio Code 3385.09 – Application of escheat law
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(A) Property on loan to a museum shall not escheat to the state under any applicable escheat law, but shall pass to the museum under the provisions of this chapter.
Terms Used In Ohio Code 3385.09
- Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. Source: OCC
- Museum: includes , but is not limited to, historical societies, historic sites or landmarks, parks, monuments, libraries, arboreta, and zoos. See Ohio Code 3385.01
- Property: means any tangible, nonliving object in a museum's possession that has intrinsic historic, artistic, scientific, educational, or cultural value. See Ohio Code 3385.01
- state: means the state of Ohio. See Ohio Code 1.59
(B) This chapter does not apply to property interests other than those specifically described in this chapter.