1. Where the bailer fails to recover the goods upon the expiry of the warehousing contract, the warehouseman may request the sale thereof, pursuant to the procedures set forth in Article (170) above. He shall collect the sums due to him from the proceeds of the sale and shall hand over the balance to the bailer or deposit such balance in the court treasury for the bailer's account. 2. The provision of Clause (1) above shall apply if the storage term is indefinite, and one year lapses and the bailer does not request to recover the goods or express his desire to continue in the warehousing contract.
Interpretation and application must be checked against the official text and current version.