Colorado Statutes

§ 4-7-309 — Duty of care - contractual limitation of carrier's liability

Colorado·Title 04 Uniform·Art. Documents of Title
(a)A carrier that issues a bill of lading, whether negotiable or nonnegotiable, shall exercise the degree of care in relation to the goods which a reasonably careful person would exercise under similar circumstances. This subsection (a) does not affect any statute, regulation, or rule of law that imposes liability upon a common carrier for damages not caused by its negligence.
(b)Damages may be limited by a term in the bill of lading that the carrier's liability may not exceed a value stated in the bill if the carrier's rates are dependent upon value and the consignor is afforded an opportunity to declare a higher value and the consignor is advised of the opportunity. However, such a limitation is not effective with respect to the carrier's liability for conversion to its own u

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Legislative History

Source: L. 2006: Entire article R&RE, p. 482, � 2, effective September 1. L. 2007: (a) and (b) amended, p. 370, � 15, effective August 3.

Nearby Sections

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