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Colo. Rev. Stat. § 38-14-101 Legislative declaration
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The general assembly hereby finds and declares that the growth and maintenance of museum collections, both public and private, is a matter of general public interest to the citizens of Colorado. Because museums of all kinds depend upon loans of various articles of property to aug…
Colo. Rev. Stat. § 38-14-102 Definitions
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As used in this article, unless the context otherwise requires: (1) "Loaned property" means any property accepted by a museum which is not accompanied by a transfer of title. (2) "Museum" means a nonprofit or public institution which is organized and operated primarily for the pu…
Colo. Rev. Stat. § 38-14-103 Limitations on recovery of loaned property
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(1) Subject to the contrary terms of any written agreement, no action may be brought for damages or the recovery of any loaned property when: (a) Seven years have passed without written contact between the museum and the lender and the lender's identity or current address is unkn…
Colo. Rev. Stat. § 38-14-104 Termination of loans by museums
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(1) A museum may give written notice of termination of a loan at any time after the expiration of a loan made for a specified period or at any time if the loan is for an indefinite period. Any loan not evidenced by a writing stating the term of the loan and signed by the lender s…