554.7309 Duty of care — contractual limitation of carrier’s liability. 1. 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 exerciseunder similar circumstances. This subsection does not affect any statute, regulation, or ruleof law that imposes liability upon a common carrier for damages not caused by its negligence. 2. Damages may be limited by a term in the bill of lading or in a transportation agreement that the carrier’s liability may not exceed a value stated in the bill or transportation agreementif the carrier’s rates are dependent upon value and the consignor is afforded an opportunityto declare a higher value and the consignor is advised of the opportunity. However, such alimitation is not effective with respect to the carrier’s liability for conversion to its own use. 3. Reasonable provisions as to the time and manner of presenting claims and commencing actions based on the shipment may be included in a bill of lading or a transportationagreement. [S13, §2074-b, 3138-b2; C24, 27, 31, 35, 39, §8247, 10980; C46, 50, 54, 58, 62, §487.3, 613.6; C66, ing actions based on the shipment may be included in a bill of lading or a transportationagreement. [S13, §2074-b, 3138-b2; C24, 27, 31, 35, 39, §8247, 10980; C46, 50, 54, 58, 62, §487.3, 613.6; C66, 71, 73, 75, 77, 79, 81, §554.7309] 2007 Acts, ch 30, §24, 45, 46 Sat Dec 23 01:57:56 2023 Iowa Code 2024, Section 554.7309 (24, 0)
Iowa Legal Code