N.Y. Parks, Recreation and Historic Preservation Law 19.22 – Office's duty to lenders
§ 19.22 Office's duty to lenders. 1. When the office accepts a loan of property, it shall inform the lender in writing of the provisions of this article. The office shall also give notice to all lenders of any change in the address, status or jurisdiction of the office.
Terms Used In N.Y. Parks, Recreation and Historic Preservation Law 19.22
- Conservation measures: means any actions taken to preserve or stabilize a property including, but not limited to, proper storage support, cleaning, proper lighting, and restoration. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lender: means a person whose name appears on the records of the office as the person legally entitled to, or claiming to be legally entitled to, property held by the office or, if deceased, the legal heirs of such person. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
- Loan: means a deposit of property with the office not accompanied by a transfer to the office of title to the property. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
- Office: means the state office of parks, recreation and historic preservation and those facilities including historic sites as defined in section 1. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
- Property: means any inanimate object, document or tangible object under the office's care which has intrinsic historic, artistic, scientific, or cultural value. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
- Undocumented property: means property in the possession of the office for which the office cannot determine the owner by reference to its records. See N.Y. Parks, Recreation and Historic Preservation Law 19.13
2. The office shall give a lender, at the lender's address, prompt written notice by mail of any known injury to, or loss of, property on loan or of the need to apply conservation measures pursuant to section 19.24 of this article. Such notice shall advise the lender of his right, in lieu of the application of such conservation measures, to terminate the loan and, no later than thirty days after having received such notice, either retrieve the property or arrange for its isolation and retrieval. The office shall not be required to publish notice of injury or loss to any undocumented property.