California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 1 — Loan for Use, Section 1894

The lender of a thing for use may at any time require its return, even though he lent it for a specified time or purpose. But if, on the faith of such an agreement, the borrower has made such arrangements that a return of the thing before the period agreed upon would cause him loss, exceeding the benefit derived by him from the loan, the lender must indemnify him for such loss, if he compels such return, the borrower not having in any manner violated his duty.

Notes

Allows a lender of a thing for use to require its return at any time despite a specified loan period or purpose. Requires the lender to indemnify a compliant borrower if early compelled return causes loss exceeding the loan's benefit because the borrower relied on the agreed period and made arrangements on that basis.

Use as reference

Lexinter.net | California Code, Civil Code - CIV § 1894 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-1/section-1894

Disclaimer: Codes available on Lexinter may not reflect the most current laws in your jurisdiction. We make no warranties regarding the accuracy, completeness, or adequacy of the information provided. Always verify the status of any code with your state legislature or official government sources before relying on it for legal purposes.