New Jersey § 12a:7-204
Full text of New Jersey New Jersey Statutes § 12a:7-204, with citation guidance and answers to common questions.
§ 12a: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. d. This section does not modify or repeal any statute that imposes a higher responsibility
upon the warehouse or invalidates a contractual limitation that would be permissible
under this Chapter.
Frequently Asked Questions About New Jersey § 12a:7-204
What does New Jersey Statutes § 12a:7-204 cover?
Section 12a:7-204 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 12a:7-204?
A common citation format is "New Jersey Statutes § 12a:7-204" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 12a:7-204 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.