{"data":{"id":"us-ne/neb.-u.c.c.-4-504","jurisdiction":"us-ne","citation":"Neb. U.C.C. § 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":["Uniform Commercial Code","Article 4"],"source_url":"https://nebraskalegislature.gov/laws/ucc.php?code=4-504","current_through":"Laws 2026","vintage":"","retrieved_at":"2026-09-17T21:01:12Z","sha256":"5eb506683e87d1074afa8430f016a7f0da4f70d4f4c83171f97b686fdca241af","source_id":"us-ne","stale":true,"prev":"us-ne/neb.-u.c.c.-4-503","next":"us-ne/neb.-u.c.c.-4a-101"},"notice":"GroundRules: Original legal text. Not legal advice."}