{"data":{"id":"us-pa/13-pa.c.s.-4504","jurisdiction":"us-pa","citation":"13 Pa.C.S. § 4504","heading":"Privilege of presenting bank to deal with goods; security interest for expenses.","body":"(a) Dealing with goods following dishonor of documentary draft.--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) Security interest for expenses.--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 lien of a seller.","path":["Title 13 - COMMERCIAL CODE","CHAPTER 45 COLLECTION OF DOCUMENTARY DRAFTS"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=13\u0026div=0\u0026chpt=45\u0026sctn=4\u0026subsctn=0","current_through":"2025-12-01 (Statute Update stamp, 13 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:31:03Z","sha256":"de6b31ac230bcabcf391cc08d3811932cdfbdf6e93409f1796b4a0d3ba80fc6a","source_id":"us-pa","stale":false,"prev":"us-pa/13-pa.c.s.-4503","next":"us-pa/13-pa.c.s.-4a101"},"notice":"GroundRules: Original legal text. Not legal advice."}