§ 1826 Depositary Notice And Liability
If you’re holding something that belongs to someone else and they don’t claim it after you give notice, you can avoid liability if they prove ownership and compensate you, as long as you return the item or take on a new obligation in good faith.
You keep a friend's lawnmower in your shed after they forget to take it. You tell them to pick it up. They don’t come for a few weeks. After a reasonable time they show they own it and pay you for any trouble, then you give the lawnmower back and you’re not responsible for any claims they might have.
Because you gave notice, waited a reasonable time, they proved ownership and compensated you, the law says you are exonerated from liability to the person who got the notice.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 1826 Depositary Notice And Liability
Last verified: January 9, 2026