57A-7-209 Lien of warehouse.
Lien of warehouse.
(a) A warehouse has a lien against the bailor on the goods
covered by a warehouse receipt or storage agreement or on the proceeds thereof in its possession for
charges for storage or transportation, including demurrage and terminal charges, insurance, labor,
or other charges, present or future, in relation to the goods, and for expenses necessary for
preservation of the goods or reasonably incurred in their sale pursuant to law. If the person on whose
account the goods are held is liable for similar charges or expenses in relation to other goods
whenever deposited and it is stated in the warehouse receipt or storage agreement that a lien is
claimed for charges and expenses in relation to other goods, the warehouse also has a lien against
the goods covered by the warehouse receipt or storage agreement or on the proceeds thereof in its
possession for those charges and expenses, whether or not the other goods have been delivered by
the warehouse. However, as against a person to which a negotiable warehouse receipt is duly
negotiated, a warehouse's lien is limited to charges in an amount or at a rate specified in the
warehouse receipt or, if no charges are so specified, to a reasonable charge for storage of the specific
goods covered by the receipt subsequent to the date of the receipt.
(b) The warehouse may also reserve a security interest under chapter 57A-9 against the bailor
for the maximum amount specified on the receipt for charges other than those specified in subsection
(a), such as for money advanced and interest. A security interest is governed by chapter 57A-9.
(c) A warehouse's lien for charges and expenses under subsection (a) or a security interest under
subsection (b) is also effective against any person that so entrusted the bailor with possession of the
goods that a pledge of them by the bailor to a good faith purchaser for value would have been valid.
However, the lien or security interest is not effective against a person that before issuance of a
document of title had a legal interest or a perfected security interest in the goods and that did not:
Deliver or entrust the goods or any document covering the goods to the bailor or the
bailor's nominee with actual or apparent authority to ship, store, or sell; or with power to
obtain delivery under § 57A-7-403; or with power of disposition under § 57A-2-403,
57A-2A-304(2), 57A-2A-305(2), or 57A-9-320 or other statute or rule of law; or
Acquiesce in the procurement by the bailor or its nominee of any document.
(d) A warehouse's lien on household goods for charges and expenses in relation to the goods
under subsection (a) is also effective against all persons if the depositor was the legal possessor of
the goods at the time of deposit. In this subsection, "household goods" means furniture, furnishings,
or personal effects used by the depositor in a dwelling.
(e) A warehouse loses its lien on any goods that it voluntarily delivers or unjustifiably refuses
Source: SL 2009, ch 254, § 7-209.