New York § 110 Negotiation of warehouse receipt for goods subject to security interest or lien

New York Statutes

§ 110 — Negotiation of warehouse receipt 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

  § 110. Negotiation of warehouse receipt for goods subject to security\ninterest or lien.  Any person who deposits with a warehouseman goods to\nwhich he has no title, or which are subject to a security interest, or\nupon which there is a lien, and who takes for such goods a negotiable\nwarehouse receipt which he afterward negotiates for value with intent to\ndeceive and without disclosing his want of title or the existence of the\nsecurity interest or lien, shall be guilty of a misdemeanor.\n

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§ 110. Negotiation of warehouse receipt for goods subject to security\ninterest or lien. Any person who deposits with a warehouseman goods to\nwhich he has no title, or which are subject to a security interest, or\nupon which there is a lien, and who takes for such goods a negotiable\nwarehouse receipt which he afterward negotiates for value with intent to\ndeceive and without disclosing his want of title or the existence of the\nsecurity interest or lien, shall be guilty of a misdemeanor.\n

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