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§12A-7-403.
§12A-7-403.
(1) The bailee must deliver the goods to a person entitled under the
document who complies with subsections (2) and (3), unless and to the
extent that the bailee establishes any of the following:
(a) delivery of the goods to a person whose receipt was rightful as
against the claimant;
(b) damage to or delay, loss or destruction of the goods for which the
bailee is not liable;
(c) previous sale or other disposition of the goods in lawful
enforcement of a lien or on warehouseman's lawful termination of
storage;
(d) the exercise by a seller of his right to stop delivery pursuant to
the provisions of the Article on Sales (Section 2-705);
(e) a diversion, reconsignment or other disposition pursuant to the
provisions of this article (Section 7-303) or tariff regulating such
right;
(f) release, satisfaction or any other fact affording a personal
defense against the claimant;
(g) any other lawful excuse.
(2) A person claiming goods covered by a document of title must
satisfy the bailee's lien where the bailee so requests or where the
bailee is prohibited by law from delivering the goods until the
charges are paid.
(3) Unless the person claiming is one against whom the document
confers no right under Section 7-503(1), he must surrender for
cancellation or notation of partial deliveries any outstanding
negotiable document covering the goods, and the bailee must cancel the
document or conspicuously note the partial delivery thereon or be
liable to any person to whom the document is duly negotiated.
(4) "Person entitled under the document" means holder in the case of a
negotiable document, or the person to whom delivery is to be made by
the terms of or pursuant to written instructions under a nonnegotiable
document.
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