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Session Laws, 1975
Volume 716, Page 228   View pdf image
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228

LAWS OF MARYLAND

[Ch. 49

commercially reasonable manner. A sale of more goods
than apparently necessary to be offered to insure
satisfaction of the obligation is not commercially
reasonable except in cases covered by the preceding
sentence.

(2)   A warehouseman's lien on goods other than goods
stored by a merchant in the coarse of his business may be
enforced only as follows:

(a)   All persons known to claim an interest in
the goods must be notified.

(b)    The notification most be delivered in
person or sent by registered or certified letter to the
last known address of any person to be notified.

(c)   The notification must include an itemized
statement of the claim, a description of the goods
subject to the lien, a demand for payment within a
specified time not less than ten days after receipt of
the notification, and a conspicuous statement that unless
the claim is paid within that time the goods will be
advertised for sale and sold by auction at a specified
time and place.

(d) The sale must conform to the terms of the
notification.

(e) The sale must be held at the nearest
suitable place to that where the goods are held or
stored.

(f) After the expiration of the time given in
the notification, an advertisement of the sale must be
published once a week for two weeks consecutively in a
newspaper of general circulation where the sale is to be
held. The advertisement must include a description of
the goods, the name of the person on whose account they
are being held, and the time and place of the sale. The
sale must take place at least fifteen days after the
first publication. If there is no newspaper of general
circulation where the sale is to be held the
advertisement must be posted at least ten days before the
sale in not less than six conspicuous places in the
neighborhood of the proposed sale.

(3)    Before any sale pursuant to this section any
person claiming a right in the goods may pay the amount
necessary to satisfy the lien and the reasonable expenses
incurred under this section. In that event the goods
must not be sold, but must be retained by the
warehouseman subject to the terms of the receipt and
[that subtitle] THIS TITLE.

 

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Session Laws, 1975
Volume 716, Page 228   View pdf image
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