§ 6A-7-204 - Duty of care – Contractual limitation of warehouse's liability.
SECTION 6A-7-204
§ 6A-7-204 Duty of care – Contractuallimitation of warehouse's liability. – (a) A warehouse is liable for damages for loss of or injury to the goods causedby its failure to exercise care with regard to the goods that a reasonablycareful person would exercise under similar circumstances. Unless otherwiseagreed, the warehouse is not liable for damages that could not have beenavoided by the exercise of that care.
(b) Damages may be limited by a term in the warehouse receiptor storage agreement limiting the amount of liability in case of loss or damagebeyond which the warehouse is not liable. Such a limitation is not effectivewith respect to the warehouse's liability for conversion to its own use. Onrequest of the bailor in a record at the time of signing the storage agreementor within a reasonable time after receipt of the warehouse receipt, thewarehouse's liability may be increased on part or all of the goods covered bythe storage agreement or the warehouse receipt. In this event, increased ratesmay be charged based on an increased valuation of the goods.
(c) Reasonable provisions as to the time and manner ofpresenting claims and commencing actions based on the bailment may be includedin the warehouse receipt or storage agreement.