Sections
7 entriesSection 1851Defines a nongratuitous deposit as “storage” and the depositary in that arrangement as a “depositary for hire.” Establishes those terms for a…Section 1852Requires a depositary who holds property for hire to use at least ordinary care to preserve the deposited item. The provision sets…Section 1853Allows in the absence of a different agreement or usage, a depositary for hire to one week's hire for the sustenance and…Section 1854Allows a deposit with no agreed duration to be terminated by the depositor at any time and by the depositary upon reasonable…Section 1855Allows a depositor to terminate a deposit even when an agreement specifies how long the deposit will continue, provided the depositor pays…Section 1856Establishes a depositary-for-hire lien for storage charges; requested advances and insurance; money necessarily spent caring for, preserving, and keeping stored property; requested…Section 1857Allows a depositary for hire who, without lack of ordinary care and diligence, cannot deliver stored perishable property, baggage, or luggage or…