§ 1823 Depositary Delivery Requirements
This law says that someone who is holding something for another person doesn't have to give it back just because a certain time passed; they only have to return it when the owner asks for it.
You agree to keep your neighbor's lawnmower for the summer and promise to return it after June 30.
Even if the summer ends, the neighbor can't force you to give back the lawnmower until they actually ask for it; you can hold onto it until they demand it back.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 1823 Depositary Delivery Requirements
Last verified: January 9, 2026