{"data":{"id":"us-md/md.-code-commercial-law-4-504","jurisdiction":"us-md","citation":"Md. Code, Commercial Law § 4–504","heading":"","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":["Article - Commercial Law"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gcl\u0026section=4-504","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:56:33Z","sha256":"7a8f31e408aa55f12f73dfbd55276e547dada900209d146ef3e6310c42ad2c92","source_id":"us-md","stale":false,"prev":"us-md/md.-code-commercial-law-4-503","next":"us-md/md.-code-commercial-law-4a-101"},"notice":"GroundRules: Original legal text. Not legal advice."}