A valid tender of chattels transfers the title thereto to the person bound to receive; and the possession of the promisor, if he retains possession from that time, is for the benefit of the owner but without liability to account for profits or for more than ordinary prudence in preservation and protection of the chattels.
(Orig. Code 1863, § 2818; Code 1868, § 2826; Code 1873, § 2877; Code 1882, § 2877; Civil Code 1895, § 3731; Civil Code 1910, § 4325; Code 1933, § 20-1108.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 74 Am. Jur. 2d, Tender, § 33.
C.J.S.- 17A C.J.S., Contracts, § 486.