§ 32-34-5-1 “Lender” defined
§ 32-34-5-2 “Lender’s address” defined
§ 32-34-5-3 “Loan” defined
§ 32-34-5-4 “Museum” defined
§ 32-34-5-5 “Permanent loan” defined
§ 32-34-5-6 “Person” defined
§ 32-34-5-7 “Property” defined
§ 32-34-5-8 “Undocumented property” defined
§ 32-34-5-9 Mailing notice; change of address or ownership
§ 32-34-5-10 Notice by publication
§ 32-34-5-11 Notice; contents
§ 32-34-5-12 Acquiring title for property on permanent loan or loaned for specified time; notice
§ 32-34-5-13 Acquiring title for undocumented property; notice
§ 32-34-5-14 Conservation measures; application without lender’s permission or formal notice
§ 32-34-5-15 Conservation measures; liens; liability of museum
§ 32-34-5-16 Presumption of gift to museum

Terms Used In Indiana Code > Title 32 > Article 34 > Chapter 5 - Property Loaned to Museums

  • 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.
  • Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • lender: means a person whose name appears on the records of a museum as the person legally entitled to, or claiming to be legally entitled to, property held by the museum. See Indiana Code 32-34-5-1
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • 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

  • permanent loan: means a loan of property to a museum for an indefinite period. See Indiana Code 32-34-5-5
  • person: means an individual, a nonprofit corporation, a trustee or legal representative, the state, a political subdivision (as defined in IC 36-1-2-13), an agency of the state or a political subdivision, or a group of those persons acting in concert. See Indiana Code 32-34-5-6
  • 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
  • Trustee: A person or institution holding and administering property in trust.
  • 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. See Indiana Code 32-34-5-8