N.Y. GBS Law § 110
This is the official text of N.Y. GBS Law § 110, 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 warehouse receipt for goods subject to security interest or lien
Official statutory text
§ 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
Status: in_force · Read it on the official government site
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