§12A-7-204.

§12A-7-204.
   
   (1) A warehouseman is liable for damages for loss of or injury to the
   goods caused by his failure to exercise such care in regard to them as
   a reasonably careful man would exercise under like circumstances but
   unless otherwise agreed he is not liable for damages which could not
   have been avoided by the exercise of such care.
   
   (2) Damages may be limited by a term in the warehouse receipt or
   storage agreement limiting the amount of liability in case of loss or
   damage, and setting forth a specific liability per article or item, or
   value per unit of weight, beyond which the warehouseman shall not be
   liable; provided, however, that such liability may on written request
   of the bailor at the time of signing such storage agreement or within
   a reasonable time after receipt of the warehouse receipt be increased
   on part or all of the goods thereunder, in which event increased rates
   may be charged based on such increased valuation, but that no such
   increase shall be permitted contrary to a lawful limitation of
   liability contained in the warehouseman's tariff, if any. No such
   limitation is effective with respect to the warehouseman's liability
   for conversion to his own use.
   
   (3) Reasonable provisions as to the time and manner of presenting
   claims and instituting actions based on the bailment may be included
   in the warehouse receipt or tariff.