bailee custodian

bailee custodian
A person with whom some article is left, usually pursuant to a contract, who is responsible for the safe return of the article to the owner when the contract is fulfilled. Examples include banks holding bonds, storage companies where furniture or files are deposited, a parking garage, or a kennel or horse ranch where an animal is boarded.
Category: Business, LLCs & Corporations
Category: Real Estate & Rental Property
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.

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  • bailee — bail·ee /bā lē/ n: an individual or entity (as a business organization) having possession of another s personal property under a bailment ◇ Carriers and warehouses are two examples of bailees. A bailee s liability for loss or damage to property… …   Law dictionary

  • bailment — bail·ment / bāl mənt/ n [Anglo French bayllment, from bailler to hand over see bail]: the transfer of possession but not ownership of personal property (as goods) for a limited time or specified purpose (as transportation) such that the… …   Law dictionary

  • bailor — bail·or /bā lȯr, bā lər/ n: an individual or entity (as a business organization) placing personal property in the possession of another under a bailment Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bailor …   Law dictionary

  • List of law topics (A-E) — NOTOC Law [From Old English lagu something laid down or fixed ; legal comes from Latin legalis , from lex law , statute ( [http://www.etymonline.com/index.php?search=law searchmode=none Law] , Online Etymology Dictionary; [http://www.m… …   Wikipedia

  • negligence — The omission to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Negligence is the failure… …   Black's law dictionary

  • negligence — The omission to do something which a reasonable man, guided by those ordinary considerations which ordinarily regulate human affairs, would do, or the doing of something which a reasonable and prudent man would not do. Negligence is the failure… …   Black's law dictionary

  • HEKDESH — (Heb. הֶקְדֵשׁ), consecrated property, property dedicated to the needs of the temple ; in post talmudic times the term hekdesh without qualification (setam hekdesh) came to mean property set aside for charitable purposes or for the fulfillment of …   Encyclopedia of Judaism

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