Section 4504 - Privilege of presenting bank to deal with goods; security interest for expenses(a) Dealing with goods following dishonor of documentary draft.--A presenting bank that, following the dishonor of a documentary draft, has seasonably requested instructions but does not receive them within a reasonable time may store, sell or otherwise deal with the goods in any reasonable manner.(b) Security interest for expenses.--For its reasonable expenses incurred by action under subsection (a), the presenting bank has a lien upon the goods or their proceeds, which may be foreclosed in the same manner as an unpaid lien of a seller. 1979, Nov. 1, P.L. 255, No. 86, § 1, effective 1/1/1980. Amended 1992, July 9, P.L. 507, No. 97, § 14, effective in one year.