TITLE 6A
Uniform Commercial Code
CHAPTER 6A-7
Documents of Title
PART 6A-7-301
Bills of Lading: Special Provisions
SECTION 6A-7-308
§ 6A-7-308 Enforcement of carrier's lien.
(a) A carrier's lien on goods may be enforced by public or private sale of the
goods, in bulk or in packages, at any time or place and on any terms that are
commercially reasonable, after notifying all persons known to claim an interest
in the goods. The notification must include a statement of the amount due, the
nature of the proposed sale, and the time and place of any public sale. The
fact that a better price could have been obtained by a sale at a different time
or in a method different from that selected by the carrier is not of itself
sufficient to establish that the sale was not made in a commercially reasonable
manner. The carrier sells goods in a commercially reasonable manner if the
carrier sells the goods in the usual manner in any recognized market therefor,
sells at the price current in that market at the time of the sale, or otherwise
sells in conformity with commercially reasonable practices among dealers in the
type of goods sold. A sale of more goods than apparently necessary to be
offered to ensure satisfaction of the obligation is not commercially
reasonable, except in cases covered by the preceding sentence.
(b) Before any sale pursuant to this section, any person
claiming a right in the goods may pay the amount necessary to satisfy the lien
and the reasonable expenses incurred in complying with this section. In that
event, the goods may not be sold but must be retained by the carrier, subject
to the terms of the bill of lading and this chapter.
(c) A carrier may buy at any public sale pursuant to this
section.
(d) A purchaser in good faith of goods sold to enforce a
carrier's lien takes the goods free of any rights of persons against which the
lien was valid, despite the carrier's noncompliance with this section.
(e) A carrier may satisfy its lien from the proceeds of any
sale pursuant to this section but shall hold the balance, if any, for delivery
on demand to any person to which the carrier would have been bound to deliver
the goods.
(f) The rights provided by this section are in addition to
all other rights allowed by law to a creditor against a debtor.
(g) A carrier's lien may be enforced pursuant to either
subsection (a) or the procedure set forth in subsection 6A-7-210(b).
(h) A carrier is liable for damages caused by failure to
comply with the requirements for sale under this section and, in case of
willful violation, is liable for conversion.
History of Section.
(P.L. 2006, ch. 112, § 6; P.L. 2006, ch. 135, § 6.)