Legislation
SECTION 102
Negotiation of bill of lading when goods are not in common carrier's possession
General Business (GBS) CHAPTER 20, ARTICLE 9
§ 102. Negotiation of bill of lading when goods are not in common
carrier's possession. Any person who with intent to deceive negotiates
or transfers for value a bill of lading knowing that any or all of the
goods which by the terms of such bill of lading appear to have been
received for transportation by the common carrier which issued the bill
of lading, are not in possession or control of such common carrier, or
of a connecting common carrier, without disclosing this fact, shall be
guilty of a misdemeanor.
carrier's possession. Any person who with intent to deceive negotiates
or transfers for value a bill of lading knowing that any or all of the
goods which by the terms of such bill of lading appear to have been
received for transportation by the common carrier which issued the bill
of lading, are not in possession or control of such common carrier, or
of a connecting common carrier, without disclosing this fact, shall be
guilty of a misdemeanor.