1997 Minnesota Statutes

     336.7-602 Attachment of goods covered by a negotiable 
  document.  

    Except where the document was originally issued upon 
 delivery of the goods by a person who had no power to dispose of 
 them, no lien attaches by virtue of any judicial process to 
 goods in the possession of a bailee for which a negotiable 
 document of title is outstanding unless the document be first 
 surrendered to the bailee or its negotiation enjoined, and the 
 bailee shall not be compelled to deliver the goods pursuant to 
 process until the document is surrendered to the bailee or 
 impounded by the court.  One who purchases the document for 
 value without notice of the process or injunction takes free of 
 the lien imposed by judicial process.  

    HIST: 1965 c 811 s 336.7-602; 1986 c 444