Ch. 95

2004 LAWS OF MARYLAND

THOSE CHARGES AND EXPENSES, WHETHER OR NOT THE OTHER GOODS HAVE BEEN
DELIVERED BY THE WAREHOUSE. HOWEVER, AS AGAINST A PERSON TO WHICH A
NEGOTIABLE WAREHOUSE RECEIPT IS DULY NEGOTIATED, A WAREHOUSE'S LIEN IS
LIMITED TO CHARGES IN AN AMOUNT OR AT A RATE SPECIFIED IN THE WAREHOUSE
RECEIPT OR, IF NO CHARGES ARE SO SPECIFIED, TO A REASONABLE CHARGE FOR
STORAGE OF THE SPECIFIC GOODS COVERED BY THE RECEIPT SUBSEQUENT TO THE
DATE OF THE RECEIPT.

(B)     A WAREHOUSE MAY ALSO RESERVE A SECURITY INTEREST AGAINST THE
BAILOR FOR THE MAXIMUM AMOUNT SPECIFIED ON THE RECEIPT FOR CHARGES
OTHER THAN THOSE SPECIFIED IN SUBSECTION (A), SUCH AS FOR MONEY
ADVANCED AND INTEREST. THE SECURITY INTEREST IS GOVERNED BY TITLE 9.

(C)     A WAREHOUSE'S LIEN FOR CHARGES AND EXPENSES UNDER SUBSECTION
(A) OR A SECURITY INTEREST UNDER SUBSECTION (B) IS ALSO EFFECTIVE AGAINST
ANY PERSON THAT SO ENTRUSTED THE BAILOR WITH POSSESSION OF THE GOODS
THAT A PLEDGE OF THEM BY THE BAILOR TO A GOOD-FAITH PURCHASER FOR VALUE
WOULD HAVE BEEN VALID. HOWEVER, THE LIEN OR SECURITY INTEREST IS NOT
EFFECTIVE AGAINST A PERSON THAT BEFORE ISSUANCE OF A DOCUMENT OF TITLE
HAD A LEGAL INTEREST OR A PERFECTED SECURITY INTEREST IN THE GOODS AND
THAT DID NOT:

(1)      DELIVER OR ENTRUST THE GOODS OR ANY DOCUMENT OF TITLE
COVERING THE GOODS TO THE BAILOR OR THE BAILOR'S NOMINEE WITH:

(A)     ACTUAL OR APPARENT AUTHORITY TO SHIP, STORE, OR SELL;

(B)     POWER TO OBTAIN DELIVERY UNDER § 7-403; OR

(C)     POWER OF DISPOSITION UNDER § 2-403, § 2A-304(2), § 2A-305(2), §
9-320, OR § 9-321(C) OR OTHER STATUTE OR RULE OF LAW; OR

(2)      ACQUIESCE IN THE PROCUREMENT BY THE BAILOR OR ITS NOMINEE
OF ANY DOCUMENT.

(D)     A WAREHOUSE'S LIEN ON HOUSEHOLD GOODS FOR CHARGES AND
EXPENSES IN RELATION TO THE GOODS UNDER SUBSECTION (A) IS ALSO EFFECTIVE
AGAINST ALL PERSONS IF THE DEPOSITOR WAS THE LEGAL POSSESSOR OF THE
GOODS AT THE TIME OF DEPOSIT. IN THIS SUBSECTION, "HOUSEHOLD GOODS"
MEANS FURNITURE, FURNISHINGS, OR PERSONAL EFFECTS USED BY THE
DEPOSITOR IN A DWELLING.

(E)     A WAREHOUSE LOSES ITS LIEN ON ANY GOODS THAT IT VOLUNTARILY
DELIVERS OR UNJUSTIFIABLY REFUSES TO DELIVER.

7-210.

(A) EXCEPT AS OTHERWISE PROVIDED IN SUBSECTION (B), A WAREHOUSE'S
LIEN MAY BE ENFORCED BY PUBLIC OR PRIVATE SALE OF THE GOODS, IN BULK OR IN
PACKAGES, AT ANY TIME OR PLACE AND ON ANY TERMS THAT ARE COMMERCIALLY
REASONABLE, AFTER NOTIFYING ALL PERSONS KNOWN TO CLAIM AN INTEREST IN
THE GOODS. THE NOTIFICATION MUST INCLUDE A STATEMENT OF THE AMOUNT

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