305B.8  Notice of intent to preserve an interest in property -- requirements -- form -- disclosure.

1.  A notice of intent to preserve an interest in property on loan to a museum filed pursuant to this chapter shall be in writing and contain all of the following information:

a.  A description of the property adequate to enable the museum to identify the property.

b.  Documentation sufficient to establish the claimant as owner of the property.

c.  A statement attesting to the truth, to the best of the signer's knowledge, of all information included in or with the notice.

d.  The signature, under penalty of perjury, of the claimant or a person authorized to act on behalf of the claimant.

2.  The museum need not retain a notice which does not meet the requirements set forth in subsection 1. 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 the museum believes the notice is ineffective to preserve an interest, and the reasons for the insufficiency. The fact that a museum retains a notice under section 305B.12 does not 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.

3.  The department of cultural affairs shall adopt by rule a form for notice of intent to preserve an interest in property on loan to a museum. The form shall satisfy the requirements of subsection 1 and shall notify the claimant of the rights and procedures to preserve an interest in museum property. The form shall also facilitate recordkeeping and record retrieval by a museum. At a minimum the form shall provide a place for recording evidence of receipt of a notice by a museum, including the date of receipt, signature of the person receiving the notice, and the date on which a copy of the receipt is returned to the claimant.

Section History: Recent form

  88 Acts, ch 1117, §8


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