Arizona Statutes
§ 47-7602 — Judicial process against goods covered by negotiable document of title
Arizona·Title 47 Arizona Revised Statutes·Ch. 7 DOCUMENTS OF TITLE·Art. 6 Warehouse Receipts and Bills of Lading: Miscellaneous Provisions
Unless a document of title was originally issued on delivery of the goods by a person that did not have power to dispose of them, a lien does not attach by virtue of any judicial process to goods in the possession of a bailee for which a negotiable document of title is outstanding unless possession or control of the document is first surrendered to the bailee or the document’s negotiation is enjoined. The bailee may not be compelled to deliver the goods pursuant to process until possession or control of the document is surrendered to the bailee or to the court. A purchaser of the document for value without notice of the process or injunction takes free of the lien imposed by judicial process.
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Arizona § 47-7602 (Judicial process against goods covered by negotiable document of title) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 47-10101
Provision for transition§ 47-1101
Short title§ 47-1102
Scope of chapter§ 47-1103
Construction to promote purposes and policies; applicability of supplemental principles of law§ 47-1104
Construction against implied repeal§ 47-1105
Severability§ 47-1106
Use of singular and plural; gender§ 47-1107
Section captions§ 47-1201
General definitions§ 47-1202
Notice; knowledge§ 47-1204
Value§ 47-1205
Reasonable time; "seasonably"§ 47-1206
Presumptions