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

Connecticut Statutes

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

Connecticut § 40-56

Title 40Warehouses and Warehouse Receipts. Trust Receipts

Ch. 708Uniform Warehouse Receipts Act

This text of Connecticut § 40-56 (Negotiation of receipt for mortgaged goods.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 40-56 (2026).

Text

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.