Insurance of goods in warehouses

Corporate197630 sections

Statutory text

(1) Goods in warehouses shall be insured against loss or damage by fire, rain, floods, theft, riot, or civil commotion, or any other prescribed event, in such manner as may be prescribed.
(2) Every warehouseman shall be entitled to recover from the depositor, at the rate prescribed the charges for insurance in respect of depositors goods before the delivery thereof, and the warehouseman shall have a lien on the said goods in respect of such charges.

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