Ownership and risk of loss of the thing lent

La. Civ. Code art. 2905

La. Civ. Code art. 2905

Art. 2905. Ownership and risk of loss of the thing lent The borrower in a loan for consumption becomes owner of the thing lent and bears the risk of loss of the thing. Acts 2004, No. 743, §1, eff. Jan. 1, 2005.