§490:2A-526  Lessor's stoppage of delivery
in transit or otherwise.  (a)  A lessor may stop delivery of goods in the
possession of a carrier or other bailee if the lessor discovers the lessee to
be insolvent and may stop delivery of carload, truckload, planeload, or larger
shipments of express or freight if the lessee repudiates or fails to make a
payment due before delivery, whether for rent, security, or otherwise under the
lease contract, or for any other reason the lessor has a right to withhold or take
possession of the goods.



(b)  In pursuing its remedies under subsection
(a), the lessor may stop delivery until:



(1)  Receipt of the goods by the lessee;



(2)  Acknowledgment to the lessee by any bailee of the
goods, except a carrier, that the bailee holds the goods for the lessee; or



(3)  Such an acknowledgment to the lessee by a carrier
via reshipment or as a warehouse.



(c) (1)  To stop delivery, a lessor shall so notify
as to enable the bailee by reasonable diligence to prevent delivery of the
goods.



(2)  After notification, the bailee shall hold and
deliver the goods according to the directions of the lessor, but the lessor is
liable to the bailee for any ensuing charges or damages.



(3)  A carrier who has issued a nonnegotiable bill of
lading is not obliged to obey a notification to stop received from a person
other than the consignor. [L 1991, c 40, pt of §1; am L 2004, c 163, §17]