California Civil Code

§ 1899.5

CIV § 1899.5 Effective Jan 1, 2022Div. 3 · Title 4 · Part 4 · Ch. 1.5

Statute text

(a)A notice of intent to preserve an interest in property on loan to a museum filed pursuant to this chapter shall be in writing, shall contain a description of the property adequate to enable the museum to identify the property, shall be accompanied by documentation sufficient to establish the claimant as owner of the property, and shall be signed under penalty of perjury by the claimant or by a person authorized to act on behalf of the claimant.

(b)The museum need not retain a notice that does not meet the requirements set forth in subdivision (a). If, however, the museum does not intend to retain a notice for this reason, the museum shall promptly notify the claimant at the address given on the notice that it believes the notice is ineffective to preserve an interest, and the reasons therefor. The fact that the museum retains a notice shall not be construed to mean that the museum accepts the sufficiency or accuracy of the notice or that the notice is effective to preserve an interest in property on loan to the museum.

(c)A notice of intent to preserve an interest in property on loan to a museum which is in substantially the following form, and contains the information and attachments described, satisfies the requirements of subdivision (a): NOTICE OF INTENT TO PRESERVE AN INTEREST IN PROPERTY ON LOAN TO A MUSEUM TO THE LENDER: Section 1899.4 of the California Civil Code requires that you notify the museum promptly in writing of any change of address or ownership of the property. If the museum is unable to contact you regarding your loan, you may lose rights in the loaned property. If you choose to file this form with the museum to preserve your interest in the property, the museum is required to maintain it, or a copy of it, for 25 years. For full details, see Section 1899, et seq. of the California Civil Code. TO THE MUSEUM: You are hereby notified that the undersigned claims an interest in the property described herein. Claimant Name: Address: Telephone: Social Security Number (optional): Museum Name: Date Property Loaned: Interest in Property: If you are not the original lender, describe the origin of your interest in the property and attach a copy of any document creating your interest: Description of Property: Unless an accurate, legible copy of the original loan receipt is attached, give a detailed description of the claimed property, including its nature and general characteristics and the museum registration number assigned to the property, if known, and attach any documentary evidence you have establishing the loan: Registration # Description: (Attach additional sheets if necessary.) I understand that I must promptly notify the museum in writing of any change of address or change in ownership of the loaned property. I declare under penalty of perjury that to the best of my knowledge the information contained in this notice is true. Signed: ________________ Date: (claimant) OR I declare under penalty of perjury that I am authorized to act on behalf of the claimant and am informed and believe that the information contained in this notice is true. Signed: ______________________ Date: (claimant’s representative) RECEIPT FOR NOTICE OF INTENT TO PRESERVE AN INTEREST IN PROPERTY (For use by the museum.) Notice received by: Date of receipt: Copy of receipt returned to claimant: By Date:

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Legislative history

Amended by Stats. 2021, Ch. 615, Sec. 50. (AB 474) Effective January 1, 2022. Operative January 1, 2023, pursuant to Sec. 463 of Stats. 2021, Ch. 615.