Texas Property Code

§ 80.006 — CONSERVATION OR DISPOSAL OF LOANED PROPERTY; CONDITIONS; LIEN; LIABILITY OF MUSEUM

PR § 80.006Title 6A. PROPERTY LOANED TO MUSEUMS · Ch. 80. OWNERSHIP, CONSERVATION, AND DISPOSITION OF PROPERTY LOANED TO MUSEUM

Statute text

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(a)Unless there is a written loan agreement to the contrary, a museum may apply conservation measures to or dispose of property on loan to the museum without a lender's permission if immediate action is required to protect the property on loan or to protect other property in the custody of the museum, or the property on loan has become a hazard to the health and safety of the public or of the museum's staff, and:

(1)the museum cannot reach the lender at the lender's last address of record so that the museum and the lender can promptly agree on a solution; or

(2)the lender will not agree to the protective measures the museum recommends, yet is unwilling or unable to terminate the loan and retrieve the property.

(b)If a museum applies conservation measures to or disposes of property under Subsection (a), the museum:

(1)has a lien on the property and on the proceeds from any disposition of the property for the costs incurred by the museum; and

(2)is not liable for injury to or loss of the property if the museum:

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Legislative history

Added by Acts 1987, 70th Leg., ch. 1076, Sec. 1, eff. Sept. 1, 1987.