{"data":{"id":"us-ky/krs-355.7-209","jurisdiction":"us-ky","citation":"KRS 355.7-209","heading":"Lien of warehouse.","body":"(1) A warehouse has a lien against the bailor on the goods covered by a warehouse\nreceipt or storage agreement or on the proceeds thereof in its possession for charges\nfor storage or transportation, including demurrage and terminal charges, insurance,\nlabor, or other charges, present or future, in relation to the goods, and for expenses\nnecessary for preservation of the goods or reasonably incurred in their sale pursuant\nto law. If the person on whose account the goods are held is liable for similar\ncharges or expenses in relation to other goods whenever deposited and it is stated in\nthe warehouse receipt or storage agreement that a lien is claimed for charges and\nexpenses in relation to other goods, the warehouse also has a lien against the goods\ncovered by the warehouse receipt or storage agreement or on the proceeds thereof in\nits possession for those charges and expenses, whether or not the other goods have\nbeen delivered by the warehouse. However, as against a person to which a\nnegotiable warehouse receipt i s duly negotiated, a warehouse's lien is limited to\ncharges in an amount or at a rate specified in the warehouse receipt or, if no charges\nare so specified, to a reasonable charge for storage of the specific goods covered by\nthe receipt subsequent to the date of the receipt.\n(2) The warehouse may also reserve a security interest under Article 9 of this chapter\nagainst the bailor for the maximum amount specified on the receipt for charges\nother than those specified in subsection (1) of this section, such as for money\nadvanced and interest. A security interest is governed by Article 9 of this chapter.\n(3) A warehouse's lien for charges and expenses under subsection (1) of this section or\na security interest under subsection (2) of this section is also effectiv e against any\nperson that so entrusted the bailor with possession of the goods that a pledge of\nthem by the bailor to a good faith purchaser for value would have been valid.\nHowever, the lien or security interest is not effective against a person that befo re\nissuance of a document of title had a legal interest or a perfected security interest in\nthe goods and that did not:\n(a) Deliver or entrust the goods or any document covering the goods to the bailor\nor the bailor's nominee with actual or apparent author ity to ship, store, or sell;\nor with power to obtain delivery under KRS 355.7 -403; or with power of\ndisposition under KRS 355.2A -304(2), 355.2A-305(2), 355.7 -403, or 355.9 -\n320 or other statute or rule of law; or\n(b) Acquiesce in the procurement by the bailor or its nominee of any document.\n(4) A warehouse's lien on household goods for charges and expenses in relation to the\ngoods under subsection (1) of this section is also effective against all persons if the\ndepositor was the legal possessor of the goods at the time of deposit. In this\nsubsection, \"household goods\" means furniture, furnishings, or personal effects\nused by the depositor in a dwelling.\n(5) A warehouse loses its lien on any goods that it voluntarily delivers or unjustifiably\nrefuses to deliver.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40616","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:46Z","sha256":"00f5771a44e0789d54356c254a9bd4441e0481f30a15ff7f3a29fffe829f9a1c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-355.7-208","next":"us-ky/krs-355.7-210"},"notice":"GroundRules: Original legal text. Not legal advice."}