1. A carrier thatissues a billof lading, whether negotiable or nonnegotiable, shall exercise the degree of care in relation to the goods which a reasonably careful person would exercise under similar circumstances. This subsection does not affect any statute, regulation, or rule oflaw that imposes liability upon a common carrier for damages not caused by itsnegligence. 2. Damages may be limited by a term in the billof lading or in a transportation agreement that the carrier’s liability may not exceed a value statedin the billor transportation agreement ifthe carrier’s rates are dependent upon value and the consignor is afforded an opportunity to declare a higher value and the consignor is advised of the opportunity. However, such a limitation isnot effective with respect to the carrier’s liabilityfor conversion to itsown use. 3. Reasonable provisions as to the time and manner of presenting claimsandcommencing actions based on the shipment may be included in a bill of lading or a transportation agreement. [S13, §2074-b, 3138-b2; C24, 27, 31, 35, 39, §8247, 10980; C46, 50, 54, 58, 62, §487.3, 613.6; C66, 71, 73, 75, 77, 79, 81, §554.7309] BILLS OF LADING:
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