Nevada § 104.7209 - Lien of warehouse

§ 104.7209. Lien of warehouse

1. A warehouse has a lien against the bailor on the goods covered by a warehouse receipt

or storage agreement or on the proceeds thereof in its possession for charges for

storage or transportation, including demurrage and terminal charges, insurance, labor

or other charges, present or future, in relation to the goods, and for expenses necessary

for preservation of the goods or reasonably incurred in their sale pursuant to law. If the person on whose account the goods are held is liable for similar charges

or expenses in relation to other goods whenever deposited and it is stated in the

warehouse receipt or storage agreement that a lien is claimed for charges and expenses

in relation to other goods, the warehouse also has a lien against the goods covered

by the warehouse receipt or storage agreement or on the proceeds thereof in its possession

for those charges and expenses, whether or not the other goods have been delivered

by the warehouse. However, as against a person to whom a negotiable warehouse receipt is duly negotiated,

a warehouse's lien is limited to charges in an amount or at a rate specified in the

warehouse receipt or, if no charges are so specified, to a reasonable charge for storage

of the specific goods covered by the receipt subsequent to the date of the receipt. 2. A warehouse may also reserve a security interest against the bailor for the maximum

amount specified on the receipt for charges other than those specified in subsection

1, such as for money advanced and interest. The security interest is governed by Article 9. 3. A warehouse's lien for charges and expenses under subsection 1 or a security interest

under subsection 2 is also effective against any person that so entrusted the bailor

with possession of the goods that a pledge of them by the bailor to a good-faith purchaser

for value would have been valid. However, the lien or security interest is not effective against a person that before

issuance of a document of title had a legal interest or a perfected security interest

in the goods and that did not: (a) Deliver or entrust the goods or any document of title covering the goods to the

bailor or the bailor's nominee with: (1) Actual or apparent authority to ship, store or sell; (2) Power to obtain delivery under NRS 104.7403 ; or (3) Power of disposition under NRS 104.2403 , 104.9320, subsection 3 of NRS 104.9321, subsection 2 of NRS 104A.2304 or subsection 2 of NRS 104A.2305 , or other statute or rule of law; or (b) Acquiesce in the procurement by the bailor or its nominee of any document. 4. A warehouse's lien on household goods for charges and expenses in relation to the

goods under subsection 1 is also effective against all persons if the depositor was

the legal possessor of the goods at the time of deposit. In this subsection, “ household goods ” means furniture, furnishings or personal effects used by the depositor in a dwelling. 5. A warehouse loses its lien on any goods that it voluntarily delivers or unjustifiably

refuses to deliver.