1999 Minnesota Statutes

     336.7-206 Termination of storage at warehouse operator's 
  option.  

    (1) A warehouse operator may on notifying the person on 
 whose account the goods are held and any other person known to 
 claim an interest in the goods require payment of any charges 
 and removal of the goods from the warehouse at the termination 
 of the period of storage fixed by the document, or, if no period 
 is fixed, within a stated period not less than 30 days after the 
 notification.  If the goods are not removed before the date 
 specified in the notification, the warehouse operator may sell 
 them in accordance with the provisions of the section on 
 enforcement of a warehouse operator's lien (section 336.7-210).  

    (2) If a warehouse operator in good faith believes that the 
 goods are about to deteriorate or decline in value to less than 
 the amount of the warehouse operator's lien within the time 
 prescribed in subsection (1) for notification, advertisement and 
 sale, the warehouse operator may specify in the notification any 
 reasonable shorter time for removal of the goods and in case the 
 goods are not removed, may sell them at public sale held not 
 less than one week after a single advertisement or posting.  

    (3) If as a result of a quality or condition of the goods 
 of which the warehouse operator had no notice at the time of 
 deposit the goods are a hazard to other property or to the 
 warehouse or to persons, the warehouse operator may sell the 
 goods at public or private sale without advertisement on 
 reasonable notification to all persons known to claim an 
 interest in the goods.  A warehouse operator who after a 
 reasonable effort is unable to sell the goods may dispose of 
 them in any lawful manner and shall incur no liability by reason 
 of such disposition.  

    (4) The warehouse operator must deliver the goods to any 
 person entitled to them under this article upon due demand made 
 at any time prior to sale or other disposition under this 
 section.  

    (5) The warehouse operator may satisfy a lien from the 
 proceeds of any sale or disposition under this section but must 
 hold the balance for delivery on the demand of any person to 
 whom the warehouse operator would have been bound to deliver the 
 goods.  

    HIST: 1965 c 811 s 336.7-206; 1986 c 444