{"data":{"id":"us-ar/ark.-code-ann.-13-5-1006","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 13-5-1006","heading":"Duties of museum concerning a loan","body":"(a) At the time of a loan to a museum, the museum shall: (1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and (2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section. (b) The museum's general duties with respect to a loan include: (1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan; (2) Providing the lender with notice about any update concerning the lender's loan; and (3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request. Acts 2005, No. 2242, § 1.\n\n(a) At the time of a loan to a museum, the museum shall: (1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and (2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.\n\n(1) Make and retain a written record of the following: (A) The lender's name, address, and telephone number; (B) A description of the loan; (C) The date of the loan; and (D) The expiration date of the loan; and\n\n(A) The lender's name, address, and telephone number;\n\n(B) A description of the loan;\n\n(C) The date of the loan; and\n\n(D) The expiration date of the loan; and\n\n(2) Provide the lender with a signed receipt or copy of the loan agreement containing the information set out in subdivision (a)(1) of this section.\n\n(b) The museum's general duties with respect to a loan include: (1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan; (2) Providing the lender with notice about any update concerning the lender's loan; and (3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.\n\n(1) Updating museum records whenever: (A) A lender informs the museum of a change of address or change in the ownership of the loan; and (B) The lender and museum negotiate a change in the terms of the loan;\n\n(A) A lender informs the museum of a change of address or change in the ownership of the loan; and\n\n(B) The lender and museum negotiate a change in the terms of the loan;\n\n(2) Providing the lender with notice about any update concerning the lender's loan; and\n\n(3) Providing copies of §§ 13-5-1004 , 13-5-1007 , and 13-5-1009 : (A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum; (B) To the lender at the time of the loan; and (C) Upon a lender's request.\n\n(A) To each lender who made a loan to the museum before the effective date of this subchapter and that loan is in the custody of the museum;\n\n(B) To the lender at the time of the loan; and\n\n(C) Upon a lender's request.","path":["AR Code","Title 13","Chapter 5","Subchapter 10"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"5095cf6ccadda76874f35ad818169c7aeb751577c56cb8726348f9d28a58f180","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-13-5-1005","next":"us-ar/ark.-code-ann.-13-5-1007"},"notice":"GroundRules: Original legal text. Not legal advice."}