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gift vs permanent loan (example of problem)
A prime example of why it is crucial for your institution (and the donor)
to make a very clear and legal distinction regarding "gift" vs.
"permanent loan." It *can* come back to haunt you--and can
eventually bring city and state governments into the battle.
St. Mary's University (San Antonio) encountered much trouble re: the
Laredo Spanish Archives with regard to the gift/permanent loan
situation.
See Texas Libraries 42 (4) Winter 1980, 160-164 (article ,
"Laredo Archives Now Housed at St. Mary's University," by Anita
Saxine and
497 S.W.2d 782; 1973 Tex. App and 531 S.W.2d 589, 1975 Tex.
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Renée LaPerrière de Gutiérrez
Reference/Special Collections Librarian
rlaperriere@tamiu.edu
Texas A&M International University
Killam Library #308
5201 University Blvd.
Laredo, TX 78041-1900
Phone:(956)326-2404
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