28-7-204. 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 conversion 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 bailment may be included in the warehouse receipt or storage agreement.
History:
[28-7-204, added 2004, ch. 42, sec. 2, p. 84.]
Structure Idaho Code
Title 28 - COMMERCIAL TRANSACTIONS
Chapter 7 - DOCUMENTS OF TITLE
Part 2 - WAREHOUSE RECEIPTS — SPECIAL PROVISIONS
Section 28-7-201 - PERSON THAT MAY ISSUE A WAREHOUSE RECEIPT — STORAGE UNDER BOND.
Section 28-7-202 - FORM OF WAREHOUSE RECEIPT — EFFECT OF OMISSION.
Section 28-7-203 - LIABILITY FOR NONRECEIPT OR MISDESCRIPTION.
Section 28-7-204 - DUTY OF CARE — CONTRACTUAL LIMITATION OF WAREHOUSE’S LIABILITY.
Section 28-7-205 - TITLE UNDER WAREHOUSE RECEIPT DEFEATED IN CERTAIN CASES.
Section 28-7-206 - TERMINATION OF STORAGE AT WAREHOUSE’S OPTION.
Section 28-7-207 - GOODS MUST BE KEPT SEPARATE — FUNGIBLE GOODS.
Section 28-7-208 - ALTERED WAREHOUSE RECEIPTS.