Conn. Gen. Stat. § 42a-4-504

Privilege of presenting bank to deal with goods; security interest for expenses.

Last amended: 1991Year: 2026Length: 36 wordsSubsections: 1Official source
(b) For its reasonable expenses incurred by action under subsection (a), 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.
Conn. Gen. Stat. § 42a-4-504: Privilege of presenting bank to deal with goods; security interest for expenses. | Justis AI