Connecticut § 40-56 Negotiation of receipt for mortgaged goods.

Connecticut Statutes

§ 40-56 — Negotiation of receipt for mortgaged goods.

Connecticut·Title 40 Warehouses and Warehouse Receipts. Trust Receipts·Ch. 708 Uniform Warehouse Receipts Act

Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable receipt which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall, for each offense, be fined not more than one thousand dollars or imprisoned not more than one year or both.

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Any person who deposits goods to which he has not title, or upon which there is a lien or mortgage, and who takes for such goods a negotiable receipt which he afterwards negotiates for value with intent to deceive and without disclosing his want of title or the existence of the lien or mortgage, shall, for each offense, be fined not more than one thousand dollars or imprisoned not more than one year or both.

Connecticut § 40-56 (Negotiation of receipt for mortgaged goods.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.