(a) A bailee shall deliver the goods to a person entitled under a document of title if the person complies with (b) and (c) of this section, unless and to the extent that the bailee establishes any of the following:

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Terms Used In Alaska Statutes 45.07.403

  • bailee: means a person who, by a warehouse receipt, bill of lading, or other document of title, acknowledges possession of goods and contracts to deliver them. See Alaska Statutes 45.07.112
  • goods: means all things that are treated as movable for the purposes of a contract for storage or transportation. See Alaska Statutes 45.07.112
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • warehouse: means a person engaged in the business of storing goods for hire. See Alaska Statutes 45.07.112
(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 a warehouse‘s lawful termination of storage;
(4) the exercise by a seller of its right to stop delivery under Alaska Stat. § 45.02.705 or by a lessor of its right to stop delivery under Alaska Stat. § 45.12.526;
(5) a diversion, reconsignment, or other disposition under Alaska Stat. § 45.07.303;
(6) release, satisfaction, or another personal defense against the claimant; or
(7) another lawful excuse.
(b) A person claiming goods covered by a document of title shall satisfy the bailee’s lien if the bailee requests the person to satisfy the lien or if the bailee is prohibited by law from delivering the goods until the charges are paid.
(c) Unless the person claiming the goods is a person against whom the document of title does not confer a right under Alaska Stat. § 45.07.503(a),

(1) the person claiming under a document shall surrender possession or control of an outstanding negotiable document covering the goods for cancellation or indication of partial deliveries; and
(2) the bailee shall cancel the document or conspicuously indicate in the document the partial delivery, or the bailee is liable to a person to whom the document is duly negotiated.
(d)[Repealed, Sec. 113 ch 44 SLA 2009].
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