The lender may not revoke a loan which is made for a definite time so long as the borrower meets fully his engagements with respect to such loan. A loan at will or a loan made for an indefinite time may be revoked at any time.
(Orig. Code 1863, § 2109; Code 1868, § 2104; Code 1873, § 2131; Code 1882, § 2131; Civil Code 1895, § 2950; Civil Code 1910, § 3522; Code 1933, § 12-507.)
RESEARCH REFERENCES
Am. Jur. 2d.
- 8 Am. Jur. 2d, Bailments, § 230 et seq.
C.J.S.- 8 C.J.S., Bailments, § 99 et seq.