Va. Code Ann. tit. 55.1, ch. 26

in effect

Va. Code Ann. § 55.1-2600 Definitions

As used in this chapter, unless the context requires a different meaning: "Loaned property" means all museum property deposited on or after July 1, 2002, with a museum not accompanied by a transfer of title to the property. "Museum" means an institution located in the Commonwealth and operated by a nonprofit corporation or public agency whose primary purpose is educational, scientific, or aesthetic and that owns, borrows, or cares for and studies, archives, or exhibits museum property. "Museum property" means all tangible objects, animate and inanimate, under a museum's care that have intrinsic value to science, history, art, or culture, except for botanical or zoological specimens loaned to a museum for scientific research. 2002, c. 883 , § 55-210.31; 2019, c. 712 .

Va. Code Ann. § 55.1-2601 Status of loaned property; statute of limitations on recovery

A. Except as may be otherwise provided in a written agreement between a lender and a museum, no action shall be brought against a museum to recover loaned property when more than five years have passed from (i) the receipt by the museum of written communication concerning the loaned property or (ii) any display of interest in the property by the lender as evidenced by a memorandum or other record on file prepared by an employee of the museum. B. Loaned property shall be deemed to have been donated to the museum if no action to recover the property is initiated within one year after the museum gives notice of termination of the loan as provided in §§ 55.1-2604 and 55.1-2605 . C. Loaned property shall not be delivered to the Commonwealth, and shall be exempt from the provisions of Chapter 25 (§ 55.1-2500 et seq.), but shall pass to the museum if no person takes action under Chapter 2 (§ 64.2-200 et seq.) of Title 64.2. 2002, c. 883 , § 55-210.32; 2019, c. 712 .

Va. Code Ann. § 55.1-2602 Notice to lenders of the provisions of this chapter

When a museum accepts a loan of property, the museum shall inform the lender in writing of the provisions of this chapter. 2002, c. 883 , § 55-210.33; 2019, c. 712 .

Va. Code Ann. § 55.1-2603 Status of title to property acquired from museum

Any person who purchases property from a museum acquires good title to the property if the museum represents that it has acquired title to the property pursuant to § 55.1-2601 . 2002, c. 883 , § 55-210.34; 2019, c. 712 .

Va. Code Ann. § 55.1-2604 Notice of termination of loan; content of notice

A. If the property was loaned to the museum for an indefinite time, the museum may provide notice of termination of a loan of property at any time on the museum's website or by providing written notice of such termination to the lender, if known. If the property was loaned to the museum for a specified term, the museum may provide notice of termination of the loan in the same manner at any time after the expiration of the specified term. B. Notices given under this section shall contain: 1. The name and address, if known, of the lender; 2. The date of the loan; 3. The name, address, and telephone number of the appropriate office or official to be contacted at the museum for information regarding the loan; and 4. Any other information deemed necessary by the museum. 2002, c. 883 , § 55-210.35; 2019, c. 712 .

Va. Code Ann. § 55.1-2605 Procedure for giving notice of termination of a loan of property; responsibility of owner of loaned property

A. To give notice of termination of a loan of property, the museum shall mail a notice to the lender at the most recent address of the lender as shown on the museum's records pertaining to the loaned property. If the museum has no address in its records, or the museum does not receive written proof of receipt of the mailed notice within 30 days of the date the notice was mailed, the museum shall cause to be published notice at least once a week for three consecutive weeks in a newspaper of general circulation in the county or city in which the museum is located and in a newspaper of general circulation in the county or city of the lender's last known address if different from the county or city in which the museum is located. B. For purposes of this section, if the loan of property was made to a branch of the museum, the museum shall be deemed to be located in the county or city where the branch is located. In all other cases, the museum shall be deemed to be located in the county or city in which its principal place of business is located. C. The owner of property loaned to a museum shall notify the museum promptly in writing of any change of address or change in ownership of the property. 2002, c. 883 , § 55-210.36; 2019, c. 712 .

Va. Code Ann. § 55.1-2606 Acquiring title to undocumented property

A. A museum shall have the authority to acquire legal title to undocumented property if the museum can verify through written records that it has held such property for five years or longer, during which period no valid claim to the property has been asserted and no person has contacted the museum regarding the property, by complying with the following procedure: 1. The museum shall cause to be published a notice once a week for two consecutive weeks in a newspaper of general circulation in the county or city in which the museum is located and in a newspaper of general circulation in the county or city of the lender's last known address if different from the county or city in which the museum is located. The notice shall include: a. A brief and general description of the undocumented property; b. The date or approximate date of the loan or acquisition of the property by the museum, if known; c. Notice of the museum's intent to claim title to the property if no valid claims are made within 65 days following the date of the first publication of the notice under this subdivision 1; d. The name, address, and telephone number of the representative of the museum to contact for more information or to make a claim; and e. If known, the name and last known address of the lender. 2. If no valid claims have been made by the end of the 65-day period following the date of the first publication of the notice under subdivision 1 c, the museum shall cause to be published a second notice once a week for two consecutive weeks in a newspaper of general circulation in the county or city in which the museum is located and in a newspaper of general circulation in the county or city of the lender's last known address if different from the county or city in which the museum is located. The second notice shall include: a. A brief and general description of the undocumented property; b. The date or approximate date of the loan or acquisition of the property by the museum, if known; c. Notice that the museum claims title to the property as of the date of the end of the 65-day period following the date of the first publication of the notice under subdivision 1; and d. If known, the name and last known address of the lender. B. Upon compliance with the requirements set forth in subsection A, clear and unrestricted title is transferred, as of the date specified in subdivision A 1 c, to the museum and not to the Commonwealth. 2002, c. 883 , § 55-210.37; 2019, c. 712 .

Va. Code Ann. § 55.1-2607 Status of property loaned to or deposited with museum prior to July 1, 2002

Except as otherwise provided in a written agreement between a lender and a museum, property loaned to or deposited with a museum prior to July 1, 2002, may be discarded or transferred to another museum located in Virginia, provided that (i) the notice provisions of §§ 55.1-2604 and 55.1-2605 have been complied with and (ii) such property is held by the museum receiving the transfer for at least three years before it sells or disposes of such property. 2005, c. 480 , § 55-210.38; 2019, c. 712 .

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/title55.1/chapter26/Fetched: 10/16/2026