{"data":{"id":"us-la/rs-10-4-504","jurisdiction":"us-la","citation":"RS 10:4-504","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(b) 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 10. COMMERCIAL LAWS"],"source_url":"https://www.legis.la.gov/legis/Law.aspx?d=74232","current_through":"2025 First Extraordinary Session","vintage":"","retrieved_at":"2026-09-14T04:50:04Z","sha256":"b02950df621498d245358b18d4af0ca7b7aa50e5052f3a2d210341855c3c8207","source_id":"us-la","stale":false,"prev":"us-la/rs-10-4-503","next":"us-la/rs-10-4a-101"},"notice":"GroundRules: Original legal text. Not legal advice."}