Tex. Bus. & Com. Code Section 7.206
Termination of Storage at Warehouse’s Option

(a)

A warehouse, by giving notice to the person on whose account the goods are held and any other person known to claim an interest in the goods, may 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 of title or, if a period is not fixed, within a stated period not less than 30 days after the warehouse gives notice. If the goods are not removed before the date specified in the notice, the warehouse may sell them pursuant to Section 7.210 (Enforcement of Warehouse’s Lien).

(b)

If a warehouse in good faith believes that goods are about to deteriorate or decline in value to less than the amount of its lien within the time provided in Subsection (a) and Section 7.210 (Enforcement of Warehouse’s Lien), the warehouse may specify in the notice given under Subsection (a) any reasonable shorter time for removal of the goods and, if the goods are not removed, may sell them at public sale held not less than one week after a single advertisement or posting.

(c)

If, as a result of a quality or condition of the goods of which the warehouse did not have notice at the time of deposit, the goods are a hazard to other property, the warehouse facilities, or other persons, the warehouse may sell the goods at public or private sale without advertisement or posting on reasonable notification to all persons known to claim an interest in the goods. If the warehouse, after a reasonable effort, is unable to sell the goods, it may dispose of them in any lawful manner and does not incur liability by reason of that disposition.

(d)

A warehouse shall deliver the goods to any person entitled to them under this chapter upon due demand made at any time before sale or other disposition under this section.

(e)

A warehouse may satisfy its lien from the proceeds of any sale or disposition under this section but shall hold the balance for delivery on the demand of any person to which the warehouse would have been bound to deliver the goods.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1, eff. Sept. 1, 1967.
Amended by:
Acts 2005, 79th Leg., Ch. 122 (S.B. 1593), Sec. 1, eff. September 1, 2005.

Source: Section 7.206 — Termination of Storage at Warehouse's Option, https://statutes.­capitol.­texas.­gov/Docs/BC/htm/BC.­7.­htm#7.­206 (accessed Apr. 29, 2024).

7.101
Short Title 7.102
Definitions and Index of Definitions 7.103
Relation of Article to Treaty or Statute 7.104
Negotiable and Nonnegotiable Document of Title 7.105
Reissuance in Alternative Medium 7.106
Control of Electronic Document of Title 7.201
Person that May Issue a Warehouse Receipt 7.202
Form of Warehouse Receipt 7.203
Liability for Nonreceipt or Misdescription 7.204
Duty of Care 7.205
Title Under Warehouse Receipt Defeated in Certain Cases 7.206
Termination of Storage at Warehouse’s Option 7.207
Goods Must Be Kept Separate 7.208
Altered Warehouse Receipts 7.209
Lien of Warehouse 7.210
Enforcement of Warehouse’s Lien 7.302
Through Bills of Lading and Similar Documents of Title 7.303
Diversion 7.304
Tangible Bills of Lading in Set 7.305
Destination Bills 7.306
Altered Bills of Lading 7.307
Lien of Carrier 7.308
Enforcement of Carrier’s Lien 7.309
Duty of Care 7.401
Irregularities in Issue of Receipt or Bill or Conduct of Issuer 7.402
Duplicate Document of Title 7.403
Obligation of Warehouse or Carrier to Deliver 7.404
No Liability for Good Faith Delivery Pursuant to Document of Title 7.501
Form of Negotiation and Requirements of Due Negotiation 7.502
Rights Acquired by Due Negotiation 7.503
Document of Title to Goods Defeated in Certain Cases 7.504
Rights Acquired in Absence of Due Negotiation 7.505
Indorser Not Guarantor for Other Parties 7.506
Delivery Without Indorsement 7.507
Warranties on Negotiation or Delivery of Document of Title 7.508
Warranties of Collecting Bank as to Documents of Title 7.509
Adequate Compliance with Commercial Contract 7.601
Lost, Stolen, or Destroyed Documents of Title 7.602
Attachment of Goods Covered by Negotiable Document of Title 7.603
Conflicting Claims
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Accessed:
Apr. 29, 2024

§ 7.206’s source at texas​.gov