New York § 101 Negotiation of bill of lading for goods subject to security interest or lien

New York Statutes

§ 101 — Negotiation of bill of lading for goods subject to security interest or lien

New York·Law GBS General Business·Art. 9 Bills of Lading, Warehouse Receipts, Other Receipts and Vouchers

  § 101. Negotiation of bill of lading for goods subject to security\ninterest or lien.  Any person who ships goods to which he has not title,\nor which are subject to a security interest, or upon which there is a\nlien, and who takes for such goods a negotiable bill of lading which he\nafterwards negotiates for value with intent to deceive and without\ndisclosing his want of title or the existence of the security interest\nor lien, shall be guilty of a misdemeanor.\n

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§ 101. Negotiation of bill of lading for goods subject to security\ninterest or lien. Any person who ships goods to which he has not title,\nor which are subject to a security interest, or upon which there is a\nlien, and who takes for such goods a negotiable bill of lading which he\nafterwards negotiates for value with intent to deceive and without\ndisclosing his want of title or the existence of the security interest\nor lien, shall be guilty of a misdemeanor.\n

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