Loans may be either for consumption or for use. A loan for consumption is a loan of an article which is not to be returned in specie, but in kind; this is a sale and not a bailment.
(Orig. Code 1863, § 2103; Code 1868, § 2098; Code 1873, § 2125; Code 1882, § 2125; Civil Code 1895, § 2944; Civil Code 1910, § 3516; Code 1933, § 12-501.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 8 Am. Jur. 2d, Bailments, § 33 et seq.
C.J.S.- 8 C.J.S., Bailments, §§ 18, 86 et seq.