§12A-2A-511.

§12A-2A-511.
   
                       MERCHANT LESSEE'S DUTIES AS TO
                                      
                         RIGHTFULLY REJECTED GOODS
                                      
   (1) Subject to any security interest of a lessee (subsection (5) of
   Section 55 of this act), if a lessor or a supplier has no agent or
   place of business at the market of rejection, a merchant lessee, after
   rejection of goods in his possession or control, shall follow any
   reasonable instructions received from the lessor or the supplier with
   respect to the goods. In the absence of those instructions, a merchant
   lessee shall make reasonable efforts to sell, lease, or otherwise
   dispose of the goods for the lessor's account if they threaten to
   decline in value speedily. Instructions are not reasonable if on
   demand indemnity for expenses is not forthcoming.
   
   (2) If a merchant lessee (subsection (1) of this section) or any other
   lessee (Section 59 of this act) disposes of goods, he is entitled to
   reimbursement either from the lessor or the supplier or out of the
   proceeds for reasonable expenses of caring for and disposing of the
   goods and, if the expenses include no disposition commission, to such
   commission as is usual in the trade, or if there is none, to a
   reasonable sum not exceeding ten percent (10%) of the gross proceeds.
   
   (3) In complying with this section or Section 59 of this act, the
   lessee is held only to good faith. Good faith conduct hereunder is
   neither acceptance or conversion nor the basis of an action for
   damages.
   
   (4) A purchaser who purchases in good faith from a lessee pursuant to
   this section or Section 59 of this act takes the goods free of any
   rights of the lessor and the supplier even though the lessee fails to
   comply with one or more of the requirements of this article.