California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 3 — Deposit, Chapter 2 — Deposit for Keeping, Article 3.5 — Deposits for Repair, Alteration or Sale, Section 1858.3

If the depositary by insurance or by self-insurance does protect property deposited by customers for loss or damage occasioned by theft, fire or vandalism while such property remains with the depositary, such depositary need not make or deliver to customer any notice thereof.

Notes

Exempts a depositary that protects customer property through insurance or self-insurance against loss or damage from theft, fire, or vandalism while the property remains in its custody from the requirement to make or deliver notice to the customer. The exemption applies when the deposited property is protected against those listed risks during the period it remains with the depositary.

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