California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 3 — Deposit, Chapter 2 — Deposit for Keeping, Article 1 — General Provisions, Section 1837
If a thing deposited is in actual danger of perishing before instructions can be obtained from the depositor, the depositary may sell it for the best price obtainable, and retain the proceeds as a deposit, giving immediate notice of his proceedings to the depositor.
Notes
Allows a depositary to sell a deposited thing for the best obtainable price when it is in actual danger of perishing before instructions can be obtained from the depositor. Requires the depositary to retain the sale proceeds as a deposit and immediately notify the depositor of what was done.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 1837 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-3/chapter-2/article-1/section-1837