§12A-4-504.

§12A-4-504.
   
              PRIVILEGE OF PRESENTING BANK TO DEAL WITH GOODS;
                                      
                       SECURITY INTEREST FOR EXPENSES
                                      
   (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) of this section, 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.