1. If the depositary dies and an heir disposes of the deposit by any act that effects a transfer of ownership and it perishes, its owner shall have the option to hold either the disposer or the transferee liable for its value at the time of disposition if it is non-fungible, or for its equivalent if it is fungible. 2. If the deposit is still in possession of the transferee, its owner shall have the option to take it or to ratify the disposition against the agreed consideration.
Interpretation and application must be checked against the official text and current version.