| Art loans has become a very important way of cultural exchange in contemporary world. For many art galleries (especially in the Con-temporary Art Museum), the ability of continually borrowing art works from artists, collectors, dealers ect. to curate exhibitions with high level of academic or artistic value, is very important.In this paper, we'll study the main legal issues involved in art loans (including the art loans between museums, and the art loans between museums and collectors, art dealers, or artists), mainly for the following reasons: First, the scarcity of works of art and collections of the regional structure with increasingly high prices of art works which led them to private possession, make a certain obstacle to people's appreciation of art works. Second, art loans can make up the missing of structure in public collection, which results from a lack of funding, or help to increase the updates of collection, at the same time will allow more people access to the original, and to promote research and education related and enhance the social value of art. Third, for art collectors or art dealers who lend art works to museums, art loans will not only solve the storage, maintenance problems, but also may enhance the market value of works of art. As the art loans often involve high economic value, by explicit agreement of the rights and obligations of both parties to determine the associated transport, storage, insurance, etc. is very important. This is going to protect the interests of the parties to avoid unnecessary disputes as well as in order to better protect works of art from harm.This article will research in the legal nature of art loans in civil law and common law to make analysis and sum up the general rights and obligations of the lender and borrower. This paper will also study in the insurance, copyright and other special legal issues involved in art loans, and make recommendations for the contents of the agreement as well as the museum art loan policy. |
PDF Full Text Request