§ 1 Definitions
§ 2 Notice to lender or claimant; contents; delivery requirements; notice by publication
§ 3 Application of conservation measures or disposal of undocumented property or property on loan without notice; requirements; lien for costs incurred and liability for damages
§ 4 Notice to terminate loan of property; contents; acquisition of title by museum upon failure of lender to respond to notice or collect property
§ 5 Acquisition of title by museum to property when identity of lender unknown
§ 6 Action for damages brought against museum; time for action; property deemed donated upon failure to act after receipt of notice of museum’s intent to claim title; title to property purchased from museum; recovery of property upon failure to receive no
§ 7 Informing lender of provisions of chapter at time loan of property made; retention of records; notification of change in property ownership; filing of notice of interest in property
§ 8 Rights and obligations identified in written agreement; availability of other methods of establishing title

Terms Used In Massachusetts General Laws > Chapter 200B

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • museum: shall include , but not be limited to, historical societies, historic sites, landmarks, parks, archives, monuments, botanical gardens, arboreta, zoos, nature centers, planetaria, aquaria, libraries, technology centers and art, history, science and natural history museums. See Massachusetts General Laws ch. 200B sec. 1
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.