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(a) A bailee shall deliver the goods to a person entitled under a document of title if the person complies with subsections (b) and (c), unless and to the extent that the bailee establishes any of the following:
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(1) delivery of the goods to a person whose receipt was rightful as against the claimant;
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(2) damage to or delay, loss, or destruction of the goods for which the bailee is not liable;
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(3) previous sale or other disposition of the goods in lawful enforcement of a lien or on a warehouse’s lawful termination of storage;
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(4) the exercise by a seller of its right to stop delivery pursuant to § 4-2-705 or by a lessor of its right to stop delivery pursuant to § 4-2A-526;
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(5) a diversion, reconsignment, or other disposition pursuant to § 4-7-303;
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(6) release, satisfaction, or any other personal defense against the claimant; or
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(7) any other lawful excuse.
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(b) A person claiming goods covered by a document of title shall satisfy the bailee’s lien if the bailee so requests or if the bailee is prohibited by law from delivering the goods until the charges are paid.
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(c) Unless a person claiming the goods is a person against which the document of title does not confer a right under § 4-7-503(a):
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(1) 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
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(2) the bailee shall cancel the document or conspicuously indicate in the document the partial delivery or the bailee is liable to any person to which the document is duly negotiated.
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