2025 Oklahoma Statutes
Title 60. Property
§60-2003. Museums — Legal title to loaned property — Requirements.
A. A museum may acquire legal title to loaned property pursuant to this section. Upon the expiration date of the loan, the museum must attempt to notify the lender in writing in order to return the loan. If, since the expiration date of the loan, two (2) years have passed with no written contact between the lender and the museum or if the loan has no expiration date and at least two (2) years have passed since the loan was made and written contact between the lender and the museum occurred, the museum shall send a notice by certified mail, return receipt requested, to the lender's last-known address. This notice shall contain a statement that the loan is now terminated as well as all information required in the notice under paragraph 1 of subsection A of Section 2 of this act. Notice is deemed given if the museum receives proof of receipt within thirty (30) days after mailing the notice. If proof of delivery of the notice is not received within thirty (30) days from the date the notice was mailed, the museum shall publish a notice by publication in the newspaper of record in the county where the museum is located.
B. If the requirements of subsection A of this section are met, the museum may acquire title to the loaned property by sending a notice by certified mail, return receipt requested, to the lender's last-known address. This notice shall contain all information required in the notice under paragraph 2 of subsection A of Section 2 of this act.
Added by Laws 2025, c. 120, § 3, eff. Nov. 1, 2025.
