# Alaska Stat. § 45.07.204: Duty of care; contractual limitation of warehouse's liability

> Alaska · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.204

## Section

- **Citation:** Alaska Stat. § 45.07.204
- **Heading:** Duty of care; contractual limitation of warehouse's liability
- **Jurisdiction:** Alaska
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** AK Code / Title 45 / Chapter 45.07 / Section 45.07.204

## Text

(a) A warehouse is liable for damages for loss of or injury to the goods caused by the warehouse's 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 this 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. The 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.

## Nearby sections

- [Alaska Stat. § 45.07.111 Short title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.111.md)
- [Alaska Stat. § 45.07.112 Definitions and index of definitions.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.112.md)
- [Alaska Stat. § 45.07.113 Relation of chapter to treaty or statute.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.113.md)
- [Alaska Stat. § 45.07.114 Negotiable and nonnegotiable document of title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.114.md)
- [Alaska Stat. § 45.07.115 Reissuance in alternative medium.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.115.md)
- [Alaska Stat. § 45.07.116 Control of electronic document of title.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.116.md)
- [Alaska Stat. § 45.07.201 Person who may issue a warehouse receipt; storage under bond.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.201.md)
- [Alaska Stat. § 45.07.202 Form of warehouse receipt; effect of omission.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.202.md)
- [Alaska Stat. § 45.07.203 Liability for nonreceipt or misdescription.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.203.md)
- [Alaska Stat. § 45.07.204 Duty of care; contractual limitation of warehouse's liability.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.204.md)
- [Alaska Stat. § 45.07.205 Title under warehouse receipt defeated in certain cases.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.205.md)
- [Alaska Stat. § 45.07.206 Termination of storage at warehouse's option.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.206.md)
- [Alaska Stat. § 45.07.207 Goods must be kept separate; fungible goods.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.207.md)
- [Alaska Stat. § 45.07.208 Altered warehouse receipts.](https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.208.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_AK_T45_C45.07_S45.07.204. Check the current official text before relying on it. Not legal advice.
