{"data":{"id":"us-az/a.r.s.-47-4504","jurisdiction":"us-az","citation":"A.R.S. § 47-4504","heading":"Privilege of presenting bank to deal with goods; security interest for expenses","body":"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.\n\nB. For its reasonable expenses incurred by action under subsection A, 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.","path":["Title 47 Weights and Measures"],"source_url":"https://www.azleg.gov/ars/47/04504.htm","current_through":"57th Legislature, 2nd Regular Session (effective 2027-01-01); mirror section count 24991","vintage":"2026-09-15","retrieved_at":"2026-09-26T04:29:04Z","sha256":"441b16c124008499f33b1638401294b8177f90b4a30883fe4892b0d45f5d2318","source_id":"us-az","stale":false,"prev":"us-az/a.r.s.-47-4503","next":"us-az/a.r.s.-47-5101"},"notice":"GroundRules: Original legal text. Not legal advice."}