{"data":{"id":"us-fl/fla.-stat.-674.504","jurisdiction":"us-fl","citation":"Fla. Stat. § 674.504","heading":"Privilege of presenting bank to deal with goods; security interest for expenses.","body":"(1) 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(2) For its reasonable expenses incurred by action under subsection (1), 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.\nHistory.—s. 1, ch. 65-254; s. 48, ch. 92-82.","path":["CHAPTER 674 UNIFORM COMMERCIAL CODE: BANK DEPOSITS AND COLLECTIONS"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0600-0699/0674/0674.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:11:49Z","sha256":"4e2d349a325aec03938ac636766507926c7258024a12a791579864211e79ca08","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-674.503","next":"us-fl/fla.-stat.-675.101"},"notice":"GroundRules: Original legal text. Not legal advice."}
