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N.Y. GBS Law § 101

This is the official text of N.Y. GBS Law § 101, part of New York’s GBS Law — part of the compiled statutory law of New York, published by the state as "GBS Law." Browse the sections below, each linked to its official government source.

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

Official statutory text

§ 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

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.