Título 11. COMMERCIAL CODE · Capítulo 4. · Artículo 4. BANK DEPOSITS AND COLLECTIONS · Parte 5. COLLECTION OF DOCUMENTARY DRAFTS
11-4-504. Privilege of presenting bank to deal with goods; security interest for expenses.
Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
El texto siguiente es la ley tal como la imprime el estado, en inglés.
- (a)
A presenting bank that, following the dishonor of a documentary draft, has seasonably requested instructions but does not receive them within a reasonable time may store, sell, or otherwise deal with the goods in any reasonable manner.#
- (b)
For its reasonable expenses incurred by action under subsection (a) of this Code section, the presenting bank has a lien upon the goods or their proceeds, which may be foreclosed in the same manner as an unpaid seller’s lien.#
History
Code 1933, § 109A-4-504, enacted by Ga. L. 1962, p. 156, § 1; Ga. L. 1996, p. 1306, § 14.
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Actualizado hasta: Including Acts of the 2025 Regular Session of the General Assembly.
Texto leído de t11-(v9)-2022-pdf.pdf, Volumen V9, edición 2022, páginas 538 a 539; acción de fusión: carried; SHA-256 del archivo ad397fccbf21.