N.Y. Parks, Recreation and Historic Preservation Law § 19.22: Office's duty to lenders

§ 19.22 Office's duty to lenders. 1. When the office accepts a loan

of property, it shall inform the lender in writing of the provisions of

this article. The office shall also give notice to all lenders of any

change in the address, status or jurisdiction of the office.

2. The office shall give a lender, at the lender's address, prompt

written notice by mail of any known injury to, or loss of, property on

loan or of the need to apply conservation measures pursuant to section

19.24 of this article. Such notice shall advise the lender of his right,

in lieu of the application of such conservation measures, to terminate

the loan and, no later than thirty days after having received such

notice, either retrieve the property or arrange for its isolation and

retrieval. The office shall not be required to publish notice of injury

or loss to any undocumented property.