A deposit for exchange is one in which the depositary is only bound to return a thing corresponding in kind to that which is deposited.
Cal. Civ. Code § 1818
Nature and Creation of Deposit
Applied in 3 court decisions — leading case 87 Cal. App. 2d 66 - Holbrook v. Smith (1948)
Most recently applied in 932 F. Supp. 2d 1053 - United States v. $1,074,900.00 in United States Currency (July 2013)
Enacted 1872.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.