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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:

  1. Delivery of the goods to a person whose receipt was rightful as against the claimant;
  2. Damage to or delay, loss, or destruction of the goods for which the bailee is not liable;
  3. Previous sale or other disposition of the goods in lawful enforcement of a lien or on warehouse’s lawful termination of storage;
  4. The exercise by a seller of its right to stop delivery pursuant to Section 75-2-705 or by a lessor of its right to stop delivery pursuant to Section 75-2A-526;
  5. A diversion, reconsignment, or other disposition pursuant to Section 75-7-303;
  6. Release, satisfaction, or any other fact according a personal defense against the claimant; or
  7. Any other lawful excuse.

A person claiming goods covered by a document of title shall satisfy the bailee’s lien if the bailee so requests or the bailee is prohibited by law from delivering the goods until the charges are paid.

Unless a person claiming the goods is one against which the document of title does not confer a right under Section 75-7-503(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

The bailee shall cancel the document or conspicuously indicate in the document the partial delivery or be liable to any person to which the document is duly negotiated.