§ 3385.01 Property on loan to museum definitions
§ 3385.02 Vesting of title of property on loan
§ 3385.03 Notice of abandonment of property or termination of loan
§ 3385.04 Conservation measures
§ 3385.05 Museum to provide owner of property written summary of provisions
§ 3385.06 Owner to give notice of change of address or change in ownership of property
§ 3385.07 Presumption of gift to museum
§ 3385.08 Provisions may be varied by written agreement of parties
§ 3385.09 Application of escheat law
§ 3385.10 Transfer of property by museum
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Terms Used In Ohio Code > Chapter 3385 - Property On Loan to Museum

  • 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.
  • 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
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • in writing: includes any representation of words, letters, symbols, or figures; this provision does not affect any law relating to signatures. See Ohio Code 1.59
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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