The liability of the hotel or inn keeper for the safekeeping in the safe or other convenient place as provided in § 62-7-103 shall be limited to an amount not exceeding three hundred dollars ($300), unless a written contract is entered into providing a greater liability between the guest and the proprietor of the hotel or inn. The notice required to be posted by the proprietor of the hotel or inn in a conspicuous manner in the rooms occupied by the guests shall contain a recitation of the limitation of liability as provided in this section and the provision of greater liability being dependent upon a written contract between the proprietor and the guest.
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