North Dakota Code § 41-04-42

(4-504) Privilege of presenting bank to deal with goods - Security interest
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for expenses.
1. A presenting bank that, following the dishonor of a documentary draft, has seasonably 
requested instructions but does not receive them within a reasonable time may store, 
sell, or otherwise deal with the goods in any reasonable manner.
2. For its reasonable expenses incurred by action under subsection 1 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.

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