SECTIONS 1902-1906 - California Statutes

CIVIL CODE

SECTION 1902-1906

1902. A loan for exchange is a contract by which one delivers
personal property to another, and the latter agrees to return to the
lender a similar thing at a future time, without reward for its use.

1903. A loan, which the borrower is allowed by the lender to treat
as a loan for use, or for exchange, at his option, is subject to all
the provisions of this Chapter.

1904. By a loan for exchange the title to the thing lent is
transferred to the borrower, and he must bear all its expenses, and
is entitled to all its increase.

1905. A lender for exchange cannot require the borrower to fulfill
his obligations at a time, or in a manner, different from that which
was originally agreed upon.

1906. Sections 1893, 1895, and 1896, apply to a loan for exchange.