{"data":{"id":"us-ok/okla.-stat.-tit.-12a-12a-7-204","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 12A, § 12A-7-204","heading":"Duty of care - Contractual limitation of warehouse's","body":"liability.\n\nDuty of Care; Contractual Limitation of Warehouse’s Liability.\n\n(a) A warehouse is liable for damages for loss of or injury to\n\nthe goods caused by its failure to exercise care with regard to the\n\ngoods as a reasonably careful person would exercise under similar\n\ncircumstances. Unless otherwise agreed, the warehouse is not liable\n\nfor damages that could not have been avoided by the exercise of that\n\ncare.\n\n(b) Damages may be limited by a term in the warehouse receipt\n\nor storage agreement limiting the amount of liability in case of\n\nloss or damage beyond which the warehouse shall not be liable. Such\n\na limitation is not effective with respect to the warehouse’s\n\nliability for conversion to its own use. On request of the bailor\n\nin a record at the time of signing the storage agreement or within a\n\nreasonable time after receipt of the warehouse receipt, the\n\nwarehouse’s liability may be increased on part or all of the goods\n\ncovered by the storage agreement or the warehouse receipt. In this\n\nevent, increased rates may be charged based on an increased\n\nvaluation of the goods.\n\n(c) Reasonable provisions as to the time and manner of\n\npresenting claims and commencing actions based on the bailment may\n\nbe included in the warehouse receipt or storage agreement.","path":["OK Code","Title 12A"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os12A.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"48d29c87de055efa39c18bc7bd72377a79a98bea562b58df8c26d994cbd14e0d","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-12a-12a-7-203","next":"us-ok/okla.-stat.-tit.-12a-12a-7-205"},"notice":"GroundRules: Original legal text. Not legal advice."}