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United States — Louisiana Act or statute

United States — Louisiana legislation

RS 10:7-204

A warehouse must use reasonable care for stored goods and can limit liability by agreement, subject to exceptions.

claims timingdamages limitationstorage agreementswarehouse liability
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United States — Louisiana
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“A warehouse must use reasonable care for stored goods and can limit liability by agreement, subject to exceptions.”

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RS 10:7-204

A warehouse must use reasonable care for stored goods and can limit liability by agreement, subject to exceptions.

Section 10:7-204

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§ 10:7-204RS 10:7-204Provision

A warehouse must use reasonable care for stored goods and can limit liability by agreement, subject to exceptions.

§7-204. Duty of care; contractual limitation of warehouse's liability (a) A warehouse is liable for damages for loss of or injury to the goods caused by its failure to exercise care with regard to the goods that a reasonably careful person would exercise under similar circumstances. Unless otherwise agreed, the warehouse is not liable for damages that could not have been avoided by the exercise of that care. (b) Damages may be limited by a term in the warehouse receipt or storage agreement limiting the amount of liability in case of loss or damage beyond which the warehouse is not liable. Such a limitation is not effective with respect to the warehouse's liability for misappropriation to its own use. On request of the bailor in a record at the time of signing the storage agreement or within a reasonable time after receipt of the warehouse receipt, the warehouse's liability may be increased on part or all of the goods covered by the storage agreement or the warehouse receipt. In this event, increased rates may be charged based on an increased valuation of the goods. (c) Reasonable provisions as to the time and manner of presenting claims and commencing actions based on the storage may be included in the warehouse receipt or storage agreement. (d) This Section does not validate a provision that is null under Civil Code Article 2004. Added by Acts 1978, No. 164, §1, eff. Jan. 1, 1979; Acts 2009, No. 207, §3, eff. Jan. 1, 2010.
Section 10:7-204Verify source

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