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This entry was published on 2014-09-22
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Delivery of goods without obtaining negotiable warehouse receipt
General Business (GBS) CHAPTER 20, ARTICLE 9
§ 109. Delivery of goods without obtaining negotiable warehouse
receipt. A warehouseman, or any officer, agent or servant of a
warehouseman who delivers goods out of the possession of such
warehouseman, knowing that a negotiable warehouse receipt the
negotiation of which would transfer the right to the possession of such
goods is outstanding and uncanceled, without obtaining the possession of
such negotiable warehouse receipt at or before the time of such
delivery, shall, except in the cases provided for in sections 7-210 and
7-601 of the uniform commercial code or if the goods have been lawfully
sold or disposed of because of their perishable or hazardous nature, be
guilty of a misdemeanor.