California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 4 — Loan, Chapter 2 — Loan for Exchange, Section 1902
A loan for exchange is a contract by which one delivers personal property to another, and the latter agrees to return to the lender a similar thing at a future time, without reward for its use.
Notes
Defines a loan for exchange as a contract in which one person delivers personal property to another and the recipient agrees to return a similar thing to the lender at a future time without payment for its use. The returned property must be similar rather than the identical thing originally delivered.
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Lexinter.net | California Code, Civil Code - CIV § 1902 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-4/chapter-2/section-1902