UAE Civil Transactions Law

Article 912

Book Two: Nominate Contracts · Section Three: Employment Contracts · Chapter Four: Deposit Contract · Part Two: Effects of the Deposit Contract · First: Obligations of the Depositary

1. The depositary shall return the deposit and deliver it to the depositor at the place of deposit upon request, unless otherwise agreed. 2. If the deposit perishes or its value diminished without any transgression or negligence by the depositary, they shall deliver to the depositor whatever they may have obtained by way of guarantee, and shall assign to them any rights they may have against the third party on that account.

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