California Statutes

§ 7308. — 7308. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)

California·Code COM Commercial Code - COM·Div. 7. DIVISION 7. DOCUMENTS OF TITLE·Ch. 3. CHAPTER 3. Bills of Lading: Special Provisions
(a)A carrier’s lien on goods 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 due, the nature of the proposed sale, and the time and place of any public sale. The fact that a better price could have been obtained by a sale at a different time or in a method different from that selected by the carrier is not of itself sufficient to establish that the sale was not made in a commercially reasonable manner. The carrier sells goods in a commercially reasonable manner if the carrier sells the goods in the usual manner in any recognized market therefor, sells at the price

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California § 7308. (7308. (Repealed and added by Stats. 2006, Ch. 254, Sec. 49.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Repealed and added by Stats. 2006, Ch. 254, Sec. 49. Effective January 1, 2007.
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