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§ 46-4-504 — West Virginia Law | CourtGPT
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  5. Article 4 - Bank Deposits and Collections§46-4-101. Short Title/
  6. § 46-4-504
West Virginia Legal Code

§ 46-4-504

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(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.(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.