Indiana § 26-3-4-2 Transfer of purported warehouse receipt with knowledge of
nonexistence of warehouse or nonexistence of goods

Indiana Statutes

§ 26-3-4-2 — Transfer of purported warehouse receipt with knowledge of nonexistence of warehouse or nonexistence of goods

Indiana·Title 26 COMMERCIAL LAW·Art. 3 WAREHOUSES·Ch. 4 Illegal Issuance of Receipts

It shall be unlawful for any corporation, firm,
limited liability company, or person, their agents or employees, to
issue, sell, pledge, assign or transfer, in this state, any receipt,
certificate or other written instrument for goods, wares or merchandise
claimed to be stored or deposited in any warehouse, public or private,
in any other state, knowing that there is no such warehouse located at
the place named in such receipt, certificate or other written instrument,
or if there be a warehouse at such place, knowing that there are no
goods, wares or merchandise stored or deposited in the warehouse as
specified in such report, certificate or other written instrument.
Formerly: Acts 1897, c.124, s.2. As amended by P.L.8-1993,
SEC.406; P.L.136-2018, SEC.143.

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It shall be unlawful for any corporation, firm,
limited liability company, or person, their agents or employees, to
issue, sell, pledge, assign or transfer, in this state, any receipt,
certificate or other written instrument for goods, wares or merchandise
claimed to be stored or deposited in any warehouse, public or private,
in any other state, knowing that there is no such warehouse located at
the place named in such receipt, certificate or other written instrument,
or if there be a warehouse at such place, knowing that there are no
goods, wares or merchandise stored or deposited in the warehouse as
specified in such report, certificate or other written instrument.
Formerly: Acts 1897, c.124, s.2. As amended by P.L.8-1993,
SEC.406; P.L.136-2018, SEC.143.

Indiana § 26-3-4-2 (Transfer of purported warehouse receipt with knowledge of nonexistence of warehouse or nonexistence of goods) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.