Ohio Revised Code
Chapter 1307 | Documents of Title
Section 1307.204 | Duty of Care; Contractual Limitation of Warehouse's Liability - Ucc 7-204.

Effective: June 29, 2011
Latest Legislation: House Bill 9 - 129th General Assembly
Duty of care; contractual limitation of warehouse's liability [UCC 7-204]
(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.

Structure Ohio Revised Code

Ohio Revised Code

Title 13 | Commercial Transactions

Chapter 1307 | Documents of Title

Section 1307.101 | Short Title - Ucc 7-101.

Section 1307.102 | Definitions and Index of Definitions - Ucc 7-102.

Section 1307.103 | Relation of Chapter 1307. of the Revised Code to Treaty or Statute - Ucc 7-103.

Section 1307.104 | Negotiable and Nonnegotiable Document of Title - Ucc 7-104.

Section 1307.105 | Reissuance in Alternative Medium - Ucc 7-105.

Section 1307.106 | Control of Electronic Document of Title - Ucc 7-106.

Section 1307.201 | Person That May Issue a Warehouse Receipt; Storage Under Bond - Ucc 7-201.

Section 1307.202 | Form of Warehouse Receipt; Effect of Omission - Ucc 7-202.

Section 1307.203 | Liability for Nonreceipt or Misdescription - Ucc 7-203.

Section 1307.204 | Duty of Care; Contractual Limitation of Warehouse's Liability - Ucc 7-204.

Section 1307.205 | Title Under Warehouse Receipt Defeated in Certain Cases - Ucc 7-205.

Section 1307.206 | Termination of Storage at Warehouse's Option - Ucc 7-206.

Section 1307.207 | Goods Must Be Kept Separate; Fungible Goods - Ucc 7-207.

Section 1307.208 | Altered Warehouse Receipts - Ucc 7-208.

Section 1307.209 | Lien of Warehouse - Ucc 7-209.

Section 1307.210 | Enforcement of Warehouse's Lien - Ucc 7-210.

Section 1307.301 | Liability for Nonreceipt or Misdescription; "Said to Contain"; "Shipper's Weight, Load, and Count"; Improper Handling - Ucc 7-301.

Section 1307.302 | Through Bills of Lading and Similar Documents of Title - Ucc 7-302.

Section 1307.303 | Diversion; Reconsignment; Change of Instructions - Ucc 7-303.

Section 1307.304 | Tangible Bills of Lading in a Set - Ucc 7-304.

Section 1307.305 | Destination Bills - Ucc 7-305.

Section 1307.306 | Altered Bills of Lading - Ucc 7-306.

Section 1307.307 | Lien of Carrier -Ucc 7-307.

Section 1307.308 | Enforcement of Carrier's Lien -Ucc 7-308.

Section 1307.309 | Duty of Care; Contractual Limitation of Carrier's Liability -Ucc 7-309.

Section 1307.401 | Irregularities in Issue of Receipt or Bill or Conduct of Issuer -Ucc 7-401.

Section 1307.402 | Duplicate Document of Title; Overissue - Ucc 7-402.

Section 1307.403 | Obligation of Bailee to Deliver; Excuse - Ucc 7-403.

Section 1307.404 | No Liability for Good-Faith Delivery Pursuant to Document of Title - Ucc 7-404.

Section 1307.501 | Form of Negotiation and Requirements of Due Negotiation - Ucc 7-501.

Section 1307.502 | Rights Acquired by Due Negotiation - Ucc 7-502.

Section 1307.503 | Document of Title to Goods Defeated in Certain Cases - Ucc 7-503.

Section 1307.504 | Rights Acquired in Absence of Due Negotiation; Effect of Diversion; Stoppage of Delivery - Ucc 7-504.

Section 1307.505 | Indorser Not Guarantor for Other Parties - Ucc 7-505.

Section 1307.506 | Delivery Without Indorsement: Right to Compel Indorsement - Ucc 7-506.

Section 1307.507 | Warranties on Negotiation or Delivery of Document of Title - Ucc 7-507.

Section 1307.508 | Warranties of Collecting Bank as to Documents of Title - Ucc 7-508.

Section 1307.509 | Adequate Compliance With Commercial Contract - Ucc 7-509.

Section 1307.601 | Lost, Stolen, or Destroyed Documents of Title - Ucc 7-601.

Section 1307.602 | Judicial Process Against Goods Covered by Negotiable Document of Title - Ucc 7-602.

Section 1307.603 | Conflicting Claims; Interpleader - Ucc 7-603.

Section 1307.703 | Applicability - Ucc 7-703.

Section 1307.704 | Savings Clause - Ucc 7-704.