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Book 4 · Commercial transactions  ›  Division 3 · Transactions on a commission basis › Section 397

Commission agent’s lien

On account of the expenses incurred in respect of the goods, and on account of the commission, advances and loans given on the goods, and also on account of the bills of exchange signed with respect to the goods, or any other liabilities otherwise entered into, the commission agent is entitled to a lien on the commission goods of the principal or of a third party who has consented to the purchase or sale of the goods. The commission agent also is entitled to a lien on the goods of the principal by virtue of all claims that arise from a revolving account of commission transactions. The lien pursuant to sentences 1 and 2 exists, however, only in respect of commission goods that the commission agent has in their possession, or over which they have the right of disposal by means of bills of lading, consignment bills or warehouse warrants.

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