Delaware Code Title 6 Sec. 5001D – Definitions
(a) “Conservation measures,” as defined by the American Institute for Conservation of Historic and Artistic Works, encompass actions taken toward the long-term preservation of cultural property. “Conservation activities” include examination, documentation, treatment, and preventative care, supported by research and education.
Terms Used In Delaware Code Title 6 Sec. 5001D
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Person: means a natural person, partnership (whether general or limited), limited liability company, trust (including a common law trust, business trust, statutory trust, voting trust or any other form of trust), estate, association (including any group, organization, co-tenancy, plan, board, council or committee), corporation, government (including a country, state, county or any other governmental subdivision, agency or instrumentality), custodian, nominee or any other individual or entity (or series thereof) in its own or any representative capacity, in each case, whether domestic or foreign. See Delaware Code Title 6 Sec. 17-101
- State: means the District of Columbia or the Commonwealth of Puerto Rico or any state, territory, possession, or other jurisdiction of the United States other than the State of Delaware. See Delaware Code Title 6 Sec. 17-101
- Trustee: A person or institution holding and administering property in trust.
(b) “Lender” means a person whose name appears on records of a museum as the person legally entitled to, or claiming to be legally entitled to, property held by the museum.
(c) “Lender’s address” means the most recent address of a lender as shown on the museum’s records pertaining to property on loan from the lender.
(d) “Loan” means a deposit of property not accompanied by a transfer of title to that property.
(e) “Museum” means an institution located in Delaware that:
(1) Is operated by a person primarily for education, scientific, historic preservation, or aesthetic purposes; and
(2) Owns, borrows, cares for, exhibits, studies, archives, or catalogs property.
(f) “Permanent loan” means a loan of property to a museum for an indefinite period.
(g) “Person” means an individual, a nonprofit corporation, a trustee or legal representative, the State, a political subdivision of the State, an agency of the State or political subdivision of the State, or a group of those persons acting in concert.
(h) “Property” means a tangible object under a museum’s care that has intrinsic historic, artistic, scientific, or cultural value.
(i) “Undocumented property” means property in the possession of a museum for which the museum cannot determine the owner by reference to the museum’s records.
(j) “Unsolicited donation” means any property that is left at property controlled by the museum that is from an unknown source and might be reasonably assumed to have been intended as a gift to the museum.