Hi John,

We have several loans of this type to various institutions.  I strongly recommend that rather than a permanent loan, you consider a long term renewable loan.  A period of about 3 years allows you to monitor and review the loan without creating too much work, and it won't get forgotten about.  The review can be something as simple as changing the dates on the loan paperwork and getting them signed.  I can send you some examples off list if you'd like.

Regards,
Scott.
Scott Reeves 
Registrar, Humanities 
Otago Museum 
PO Box 6202 
Dunedin, New Zealand 
Tel: (03) 4747474 ext 847 
Fax: (03) 477 5993 
http://www.otagomuseum.govt.nz
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-----Original Message-----
From: John Martinson [mailto:[log in to unmask]]
Sent: Tuesday, November 16, 2004 7:17 AM
To: [log in to unmask]
Subject: permanent loan


We have a "50,000" pound object that a city wants to put on display
in a public park for interpretation.  Would anyone have any legal
language that allows us to "loan" (through an outgoing loan
agreement) the object on a permanent basis, but still retain ownership
of the item?  Thanks! 

John Martinson
Museum Specialist
Snake River Area Office
Boise, ID 
(208) 383-2287

RECLAMATION 
Managing Water in the West

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