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Page 109
... 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 ...
... 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 ...
Page 131
... reasonable is a question of law . Whether the receiving bank complied with the procedure is a question of fact . It is appropriate to make the finding concerning commercial rea- sonability a matter of law because security procedures are ...
... reasonable is a question of law . Whether the receiving bank complied with the procedure is a question of fact . It is appropriate to make the finding concerning commercial rea- sonability a matter of law because security procedures are ...
Page 133
... reasonable security procedure will be in effect . Section 4A - 204 applies only to cases in which ( i ) no commercially reasonable security pro- cedure is in effect , ( ii ) the bank did not comply with a commercially reasonable ...
... reasonable security procedure will be in effect . Section 4A - 204 applies only to cases in which ( i ) no commercially reasonable security pro- cedure is in effect , ( ii ) the bank did not comply with a commercially reasonable ...
Contents
Chapter Page | 6 |
4A Funds Transfers | 111 |
Letters of Credit | 192 |
Copyright | |
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Common terms and phrases
adverse claim agreement Alpha Bank American Law Reports apply Banks and Banking beneficiary beneficiary's bank bill of lading carrier certificated security choice of law clearing corporations collecting bank consignee damages Database on Westlaw delivery depositary bank dishonor Disposition Table Documents of Title draft Edition or ULA effective date enacted Chapter entitlement holder financial asset form Commercial Code funds transfer Historical and Statutory indirect holding system indorsement Investment Securities issued issuer Jur 2d letter of credit liability Library References Louisiana Master Edition ment negotiable notice obligation Originator's Bank owner payment order payor bank provides purchaser receiving bank rule section is similar sections of Chapter securities intermediary security certificate security entitlement security interest sender Statutory Notes Stock Transfer Law subject matter Subsection Texts and Treatises tion ULA Database Uniform Bills Uniform Commercial Code Uniform Laws Annotated Uniform Stock Transfer warehouseman Westlaw Topic