1. A bailee shall deliver the goods to a person entitled under a document of titleif the person complies with subsections 2 and 3, unless and to the extent that the bailee establishes any of the following: a. delivery of the goods to a person whose receipt was rightful as against the claimant; b. damage to or delay, loss, or destruction of the goods for which the bailee is not liable; c. previous sale or other disposition of the goods in lawful enforcement of a lien or on a warehouse’s lawful termination of storage; d. the exercise by a seller of itsright to stop delivery pursuant to section 554.2705 or by a lessor of its right to stop delivery pursuant to section 554.13526; e. a diversion, reconsignment, or other disposition pursuant to section 554.7303; f. release, satisfaction or any other personal defense against the claimant; or g. any other lawful excuse. 2. A person claiming goods covered by a document of titleshall satisfy the bailee’s lien if the bailee so requests or ifthe bailee is prohibited by law from delivering the goods until the charges are paid. 3. Unless a person claiming the goods isa person against which the document of titledoes not confer a right under section 554.7503, subsection 1: a. the person claiming under a document shall surrender possession or control of any outstanding negotiable document covering the goods for cancellation or indication of partial deliveries; and b. the bailee shall cancel the document or conspicuously indicate in the document the partial delivery or the bailee isliable to any person to which the document is duly negotiated. [S13, §3138-a8, -a9, -a10, -a11, -a12, -a16, -a19, -b10, -b11, -b12, -b13, -b14, -b18, -b21; C24, 27, 31, 35, 39, §8255 –8259, 8263, 8266, 9668 – 9672, 9676, 9679; C46, 50, 54, 58, 62, §487.11 –487.15, 487.19, 487.22, 542.8 – 542.12, 542.16, 542.19; C66, 71, 73, 75, 77, 79, 81, §554.7403]
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