Arkansas § 13-5-1006 - Duties of museum concerning a loan.

§ 13-5-1006. Duties of museum concerning a loan.

At the time of a loan to a museum, the museum shall: Make and retain a written record of the following: The lender's name, address, and telephone number; A description of the loan; The date of the loan; and The expiration date of the loan; and Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section. The museum's general duties with respect to a loan include: Updating museum records whenever: A lender informs the museum of a change of address or change in the ownership of the loan; and The lender and museum negotiate a change in the terms of the loan; Providing the lender with notice about any update concerning the lender's loan; and Providing copies of §§ 13-5-1004, 13-5-1007, and 13-5-1009: To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; To the lender at the time of the loan; and Upon a lender's request.