Tex. Business & Commerce Code § 251.003
This is the official text of Tex. Business & Commerce Code § 251.003, part of Texas’s Business & Commerce Code — governs commercial transactions and general business practices.
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§ 251.003. WAREHOUSEMAN FAILING TO STATE WAREHOUSEMAN'S OWNERSHIP OF GOODS ON RECEIPT.
Official statutory text
(a) A warehouseman may not knowingly issue a negotiable warehouse receipt describing goods the warehouseman owns, whether solely, jointly, or in common, and is storing, unless the warehouseman states the warehouseman's ownership of the goods on the receipt.
(b) A warehouseman who violates this section commits an offense. An offense under this section is a misdemeanor punishable by:
(1) confinement in the county jail for a term of not more than one year; or
(2) a fine not to exceed $1,000.
(b) A warehouseman who violates this section commits an offense. An offense under this section is a misdemeanor punishable by:
(1) confinement in the county jail for a term of not more than one year; or
(2) a fine not to exceed $1,000.
Status: in_force · Read it on the official government site
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