---
urn: "urn:us-la:civcode:art:2898"
article_number: "2898"
status: active
heading: "Valuation of the thing"
breadcrumb: "Book III › Title XII › Chapter 1"
source_url: "https://legis.la.gov/legis/Law.aspx?d=109926"
acts_citations_raw: "Acts 2004, No. 743, §1, eff. Jan. 1, 2005."
acts_citations:
  - act_year: 2004
    act_number: 743
    section: 1
    effective_date: 2005-01-01
    role: enactment
schema_version: "1.0.0"
---

# Art. 2898. Valuation of the thing

When the contract of loan for use states a value for the thing lent, the borrower bears the risk of loss of the thing, including loss by fortuitous event.