Since a loan is gratuitous, the borrower must pay all necessary charges and expenses in preserving and taking care of the property during the time of the loan. If, however, extraordinary expenses are necessary to protect the property from destruction, the lender must reimburse the borrower for such expenses.
Section: Previous 44-12-110 44-12-111 44-12-112 44-12-113 44-12-114 44-12-115 44-12-116 44-12-117 44-12-118 44-12-119 44-12-120 NextLast modified: October 14, 2016