§ 34.1-7-206 — Termination of storage at warehouse's option

(a) A warehouse, by giving notice to the person on whose
account the goods are held and any other person known to claim
an interest in the goods, may require payment of any charges and
removal of the goods from the warehouse at the termination of
the period of storage fixed by the document of title or, if a
period is not fixed, within a stated period not less than thirty
(30) days after the warehouse gives notice. If the goods are
not removed before the date specified in the notice, the
warehouse may sell them pursuant to W.S. 34.1-7-210.
(b) If a warehouse in good faith believes that goods are
about to deteriorate or decline in value to less than the amount
of its lien within the time provided in subsection (a) of this
section and W.S. 34.1-7-210, the warehouse may specify in the
notice given under subsection (a) of this section any reasonable
shorter time for removal of the goods and, if the goods are not
removed, may sell them at public sale held not less than one (1)
week after a single advertisement or posting.
(c) If, as a result of a quality or condition of the goods
of which the warehouse did not have notice at the time of
deposit, the goods are a hazard to other property, the warehouse
facilities, or other persons, the warehouse may sell the goods
at public or private sale without advertisement or posting on
reasonable notification to all persons known to claim an
interest in the goods. If the warehouse, after a reasonable
effort, is unable to sell the goods, it may dispose of them in
any lawful manner and does not incur liability by reason of that
disposition.
(d) A warehouse shall deliver the goods to any person
entitled to them under this article upon due demand made at any
time before sale or other disposition under this section.
(e) A warehouse may satisfy its lien from the proceeds of
any sale or disposition under this section but shall hold the
balance for delivery on the demand of any person to which the
warehouse would have been bound to deliver the goods.