Statute · New York General Business Law

N.Y. Gen. Bus. Law § 101 — Negotiation of bill of lading for goods subject to security interest or lien

N.Y. Gen. Bus. Law § 101

Type
Statute
Source
New York General Business Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 101. Negotiation of bill of lading for goods subject to security interest or lien. Any person who ships goods to which he has not title, or which are subject to a security interest, or upon which there is a lien, and who takes for such goods a negotiable bill of lading which he afterwards…

Citator

N.Y. Gen. Bus. Law § 101 — Negotiation of bill of lading for goods subject to security interest or lien is in force in the current edition of the Code, and nothing recorded condemns it.

§ 101. Negotiation of bill of lading for goods subject to security interest or lien. Any person who ships goods to which he has not title, or which are subject to a security interest, or upon which there is a lien, and who takes for such goods a negotiable bill of lading which he afterwards 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.