OK SB996

Museums may acquire legal title to undocumented property held for 7+ years by publishing two notices in a county newspaper, each followed by a 90-day claim period

For loaned property, museums may acquire title after the loan expires and 2 years pass without lender contact, following certified mail notice and newspaper publication requirements

Museums must maintain written records of all loans including owner name, address, phone number, loan duration, and itemized property list, and must inform lenders of unclaimed property laws

Museums may apply emergency conservation measures or dispose of property without permission if it poses a hazard to health, safety, or other museum property, with liability protection for good-faith actions

Lenders have 2 years to bring legal action to recover property after title transfer notice; loaned property that would otherwise escheat to the state upon owner death becomes museum property instead