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This entry was published on 2014-09-22
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SECTION 110
Negotiation of warehouse receipt for goods subject to security interest or lien
General Business (GBS) CHAPTER 20, ARTICLE 9
§ 110. Negotiation of warehouse receipt for goods subject to security
interest or lien. Any person who deposits with a warehouseman goods to
which he has no title, or which are subject to a security interest, or
upon which there is a lien, and who takes for such goods a negotiable
warehouse receipt which he afterward negotiates for value with intent to
deceive and without disclosing his want of title or the existence of the
security interest or lien, shall be guilty of a misdemeanor.