Indiana Code 32-34-5-5. “Permanent loan” defined
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Terms Used In Indiana Code 32-34-5-5
- loan: means a deposit of property not accompanied by a transfer of title to the property. See Indiana Code 32-34-5-3
- museum: means an institution located in Indiana that:
Indiana Code 32-34-5-4
- property: means a tangible object under a museum's care that has intrinsic historic, artistic, scientific, or cultural value. See Indiana Code 32-34-5-7
Sec. 5. As used in this chapter, “permanent loan” means a loan of property to a museum for an indefinite period.
[Pre-2002 Recodification Citation: 32-9-10-5.]
As added by P.L.2-2002, SEC.19.