2009 California Civil Code - Section 1902-1906 :: Chapter 2. Loan For Exchange

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.

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